WIN Magazine - Summer 2016 - (Page 11)

FEATURE 44,000,000,000,000,000,000,000 OPPORTUNITIES: THE EXPONENTIAL CYBER LIABILITY MARKET T BY TY HARMON HE CYBER LIABILITY market will experience exceptional growth in the next 3-10 years due to the increasing number of connected products that control our physical world. The resulting risks will create new opportunities that exceed the currently projected $5 billion in growth. OVERVIEW The Internet of Things (IoT) is a set of technology capabilities that consists of low-cost sensors, communications and processing that detect and respond to the surrounding environment. Physical objects will become intelligent sensors that understand their environments and provide real-time data on an object's condition and status. Combined with the growing power of machine learning and artificial intelligence capabilities, this connected world will control our physical and digital environments. The IoT will grow to 50-75 billion connected devices over the next W I N | S u m m e r 2 0 16 | 11

Table of Contents for the Digital Edition of WIN Magazine - Summer 2016

44,000,000,000,000,000,000,000 Opportunities: The Exponential Cyber Liability Market
AAMGA’S 2016 Winning White Papers
IoT: Insurance, Opportunities, Threats
Hydraulic Fracking: The MGA’s Guide
The Infringement of Standard Markets on the Excess & Surplus Lines Market
Beyond the New Normal: Could the Surplus Lines Market be Heading for a 10% Market Share?
Personal Lines Perspectives: Updates and Opportunities to Writing a Better Exposure
Underwriting Unusual Exposures: Tips, Tools and Techniques
A Changing World of Risk and Regulation
Going to the Dogs—The Cause for Paws: How a Specialty Underwriter is Changing the Lives of Our Best Friends
In the WIN-ner’s Circle: Thomas B. Rogan
In the WIN-ner’s Circle: Roger Ware
5 Steps to Create a Production Culture That Advances Your Business
Index of Advertisers

WIN Magazine - Summer 2016