Business Owners’ Policy (BOP)

Elevated building costs, increased flooding and growing ransomware attacks can disrupt business. Learn how to assess your business risks and fill your gaps in insurance.

After the spike of ransomware attacks in 2019, 2020 and 2021, the insurance industry observed that cyberattacks began to decrease in 2022, possibly as a result of threat actors being more focused on the conflict in Europe. However, during the first half of 2023, the number of cyberattacks now appears to be on the rise again.