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Excessive-net-worth shoppers concern cyber threat… so why aren’t they shopping for protection?

whysavetoday by whysavetoday
July 9, 2026
in Insurance
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Excessive-net-worth shoppers concern cyber threat… so why aren’t they shopping for protection?
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AI fraud provides new urgency to private cyber threat

This dynamic comes as private cyber insurance coverage has changing into extra accessible than ever. Ott mentioned standalone insurance policies are simple to acquire, and insureds can add protection onto most householders insurance coverage insurance policies by endorsement. In lots of circumstances, shoppers can safe $50,000 or $100,000 of protection, whereas some carriers could provide as much as $1 million by endorsement, relying on the coverage and shopper profile. Regardless of that availability, adoption stays low.

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Tags: arentBuyingClientsCoverageCyberfearHighNetWorthrisk
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