Managing risk and leading teams that manage risk is never an easy task. Risk can emerge with force and scope. Just look at how cyber risk and cyber risk insurance markets have grown over the past few years.
‘The cyber insurance market has grown from $1 billion ten years ago to $15 billion today,’ said Patrick Thielen, one of our 2024 Risk & Insurance Executives to Watch and the global head of cyber for Liberty Mutual’s Global Risk Solutions.
‘By some forecasts, it is projected to be in the ballpark of $100 billion in the next 10 years,’ he added.â€¯