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.
Insurance
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.
Read Next
Latest on Insurance
