Sompo Japan to offer cyberattack insurance with variable premiums

Hitachi Solutions to help measure policy risk in covering IoT-exposed factories

Sompo Japan and Hitachi Solutions will measure cyber risk and reflect it in premiums for a new insurance service.

Nikkei staff writersJune 24, 2020 18:48 JST | Japan

TOKYO -- Sompo Japan Insurance will next year launch a policy in which premiums vary depending on readiness for potential cyber risk by companies with factories exposed to the internet of things, or IoT, Nikkei has learned.

Sompo Japan to offer cyberattack insurance with variable premiums

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Sompo Japan to offer cyberattack insurance with variable premiums

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