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Companies rush for cyber insurance on data laws, digitisation, ET Telecom - Vimarsana News

Companies rush for cyber insurance on data laws, digitisation, ET Telecom

Tejas Jain, founder of Bimakavach, told ET that he is building an entire suite of insurance products that new-age small- and medium-sized businesses will need to keep their operations safe and cyber insurance is a key product in that stack.

cyber insurance: Companies rush for cyber insurance on data laws, digitisation - Vimarsana News

cyber insurance: Companies rush for cyber insurance on data laws, digitisation

Generally higher claims and lack of strong IT systems for SMEs is causing insurers to be wary about offering these products actively.