LUCY – Light Upon Cyber Insurance - 2024 edition

"The figures and information gathered by this study now allow us to establish correlations and consider that an insured company is one that manages its cyber risk well." Philippe Cotelle, Chairman of the Cyber Commission, board member of Amrae.

SUMMARY

1. STATE OF THE MARKET IN 2023
Recorded claims decreasing
Large companies operating with constant budgets
Evolution and distribution of claims
Development of preventive measures

2. MARKET DYNAMICS
A developing but volatile market

3. FOCUS ON MID-SIZED COMPANIES
A still very significant potential for subscription
Smaller companies buying less capacity
Focus on mid-sized companies and intermediate enterprises

"With this fourth edition of LUCY, we continue the exercise started three years ago: offering an exclusive, well-documented study, independent of any commercial interest, to better understand the cyber insurance market." Oliver Wild, president of Amrae.