Applied Net 2019: Cyber could become the next PPI, warns Mistry

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Ashwin Mistry, chairman of BHIB, has expressed concern that cyber insurance could become an “un-selling scandal” if the insurance industry does not step up its game.

Speaking to journalists at the Applied Net conference, Mistry detailed: “I believe cyber could become the next PPI [payment protection insurance], not in terms of a mis-selling scandal but a non-selling scandal.

“There are issues. We have to cover customers’ needs in a transparent way.”

Mistry explained that one of the problems

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