FCA’s Knight updates on cyber insurance report
Chris Knight, director of insurance at the FCA, has updated on the progress of its report into the take-up of cyber insurance, and how the regulator has to keep pace with technological advancements.
At the Chartered Insurance Institute’s Navigating Future Risks event in London yesterday, Knight said: “We announced earlier this year that we look at cyber insurance coverage and examine the risks, opportunities and barriers to adoption.
“The report is now in production, and it will hopefully explain the value of cyber insurance and the role in detail. We also want to build broader capability, highlight incident response, and address misconceptions within the wider business community that may be
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