Lloyd’s of London exposes divisions over booming cyber insurance market
Lloyd’s of London, the world’s oldest insurance market, is locked in a fight that will shape the future of the industry’s newest gold mine: selling protection against cyber attacks.
From next month, Lloyd’s will require the dozens of insurers that operate in the market to include exemptions that would prevent policies paying out if a major attack is judged to be “state-backed.”
This story originally appeared on: Financial Times - Author:Ian Smith
