Case Study on Coordination of Cybersecurity Risk Management in the UK Insurance Sector

This paper reviews the literature on the impact of government interference and public policy developments on recent trends in cybersecurity risk and cyberrisk insurance in the UK insurance industry. A complexity theory approach is then used to outline a short case study documenting these efforts, based on the interviews conducted with relevant stakeholders, regulator representatives and other key gatekeepers as to most relevant areas and highlights efforts by the Bank of England to coordinate the industry’s resilience against cyber attacks.