SMIs will have the chance to play an important role if they are able to cover the many niche markets that will arise. On the other hand, this still largely unexplored world is full of threats, in particular for SMIs. Cyber risk is a clear example of opportunity/threat coming from technological innovation.
It is a relatively new and promising market for insurers: as soon as firms and families realize how dangerous cyber risks are, a lot of new insurance policies could be designed and sold. However, insurers themselves may gain more visibility as a target for cyber-attacks while they migrate towards highly integrated and big data storage systems.