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
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 November 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 November 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: November 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 November 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/
