Leading reasons among companies for not having cyber insurance in select major regions worldwide in 2024

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Source

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Release date

April 2024

Region

Worldwide

Survey time period

2024

Number of respondents

7,500 respondents

Method of interview

Online survey

Supplementary notes

The source adds the following information; "The 7,500 survey respondents came from 15 regions worldwide, inclusive of Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Netherlands, South Africa, Spain, Sweden, U.S. and UK.

Survey respondents were commercial and private lines business through C-Level / Employee split.

 Companies were from a wide spread of industries, with revenues ranging from one million U.S. dollars to five billion U.S. dollars.

Company sizes ranged from under 10 employees to over 2,500 employees."

Citation formats

Leading reasons for companies not having cyber insurance worldwide 2024

Published by Jenny Yang, Nov 24, 2025

Roughly ** percent of survey respondents noted their company did not have cyber insurance, as they did not understand the product. The second most popular reason for not having cyber insurance, noted by ** percent of respondents, was being unaware it existed. The leading reason for companies not having cyber insurance was due to the price.

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