Thirty-three percent of small businesses have stand-alone coverage. How insured businesses determined their coverage needs was evenly split among in-house risk assessments (45 percent), insurer assessments (42 percent), and broker or third-party assessments (42 percent).
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Publication Title: Small business, big risk: Lack of cyber insurance is a serious threat

Source Link:
https://www.iii.org/white-paper/small-business-big-risk-lack-of-cyber-insurance-is-a-serious-threat-101818

Publication Year: 2018