The cyber-insurance market in Poland and determinants of its development from the insurance broker’s perspective

• Authors: Strupczewski Grzegorz
• Languages of publication: EN

Abstracts

EN

The aim of the paper is to analyze the state of the cyber-insurance market in Poland, and additionally the identification of key determinants of its development, including such issues as cyber-risk perception and the insurability of cyber-risk. Due to the lack of comprehensive, cross-industry insurance data on cyber-insurance, I decided to collect raw data through my own, computer-aided survey amongst insurance brokers operating in Poland. By conducting the survey amongst insurance brokers it was possible not only to collect data describing the state of Polish cyber-insurance market but also to use their expert opinion on various issues relating to cyber-risk. The research presented here is a pioneer in terms of analysis of a cyber-insurance market in a post-communist country such as Poland which is the most important emerging market in the CEE region as well. My paper makes the research perspective broader as most cyber-insurance industry reports have focused ing on the US, the UK or the developed countries of Western Europe.

Keywords

EN

cyber-risk; cyber-insurance; Poland; data breach; risk management

• Publisher: Uniwersytet Ekonomiczny w Poznaniu
• Journal: Economics and Business Review
• Year: 2017
• Volume: 3(17)
• Issue: 2
• Pages: 33-50

Dates

published

2017-06-30

Contributors

author

Strupczewski Grzegorz

• Cracow University of Economics, Faculty of Finance and Law, Department of Risk Management & Insurance, ul. Rakowicka 27, 31-510 Cracow, Poland

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Identifiers

DOI

10.18559/ebr.2017.2.3