More than half of the small and medium-sized enterprises (SMEs) in the United Kingdom saw a price increase in their cyber insurance premiums in 2022. Among this group, only 13.7 percent of policyholders stated that their insurance coverage increased with the price. In comparison, cyber insurance premiums remained the same for 36.3 percent of SMEs in 2022.
Share of SMEs who saw price changes in cyber insurance premiums at renewal in the United Kingdom in 2022
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Life Insurance International. (October 28, 2022). Share of SMEs who saw price changes in cyber insurance premiums at renewal in the United Kingdom in 2022 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1350171/changes-in-sme-cyber-insurance-premiums-at-renewal-uk/
Life Insurance International. "Share of SMEs who saw price changes in cyber insurance premiums at renewal in the United Kingdom in 2022." Chart. October 28, 2022. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1350171/changes-in-sme-cyber-insurance-premiums-at-renewal-uk/
Life Insurance International. (2022). Share of SMEs who saw price changes in cyber insurance premiums at renewal in the United Kingdom in 2022. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1350171/changes-in-sme-cyber-insurance-premiums-at-renewal-uk/
Life Insurance International. "Share of Smes Who Saw Price Changes in Cyber Insurance Premiums at Renewal in The United Kingdom in 2022." Statista, Statista Inc., 28 Oct 2022, https://www.statista.com/statistics/1350171/changes-in-sme-cyber-insurance-premiums-at-renewal-uk/
Life Insurance International, Share of SMEs who saw price changes in cyber insurance premiums at renewal in the United Kingdom in 2022 Statista, https://www.statista.com/statistics/1350171/changes-in-sme-cyber-insurance-premiums-at-renewal-uk/ (last visited December 21, 2024)
Share of SMEs who saw price changes in cyber insurance premiums at renewal in the United Kingdom in 2022 [Graph], Life Insurance International, October 28, 2022. [Online]. Available: https://www.statista.com/statistics/1350171/changes-in-sme-cyber-insurance-premiums-at-renewal-uk/
