Leading global PE investor sized US$ 15B US cyber insurance market and benchmarked 8 MGAs
15 Mar 2021
1 min read
Client wanted to invest in the US cyber insurance industry and hence wanted to understand overall market attractiveness, competitive differentiation and benchmarking, customer feedback and behaviour, and economics model of various MGAs
Context
- Company Description: Global PE
- Client wanted to invest in the US cyber insurance industry and hence wanted to understand overall market attractiveness, competitive differentiation and benchmarking, customer feedback and behaviour, and economics model of various MGAs
Our approach
- Conducted market sizing exercise for US cyber insurance industry across US-domiciled and alien surplus lines and estimated for the next 5 years
- Conducted customer survey, with N = 500 to understand customer’s perspective of the cyber insurance providers:
- In-depth interviews (N=26) with medium and large enterprises using cyber insurance, industry experts and insurance brokers to understand about the cyber insurance market and provider feedback
- Deep dive into business and operating models of MGAs