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Insurtech 2021

Elevator pitch

Cyber Risk Accumulation Zones

Innovation Presentation

For natural catastrophe risk, individual policy exposures can be aggregated within geographic zones. Similarly, cyber exposures can be aggregated using CRA-Zones.™ Cyber Risk Accumulation Zones (CRA-Zones™) were established to provide an easy to use open framework to measure and understand catastrophic cyber risk exposure. The CRA-Zones™ framework defines the minimal elements needed to provide a view of aggregated cyber exposure. CRA-Zones™ allow for analysis across multiple portfolios of risks and monitoring of exposure trends. The framework also supports regulatory efforts for setting a standard for data collection for cyber exposure management.

Geographic location is still important when assessing cyber catastrophe risk, however, two…

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