The Travelers insurance company has teamed up with Symantec to give policyholders cyber security assessments and consultation in order to help them manage risks. Insurance companies are hiring corporate security pros and former FBI agents specializing in cybercrime. Cyber insurance as an industry is estimated to be about $3 billion today but could grow to $5 billion to $7 billion in the next few years, says Tim Francis, the companys cyber-enterprise lead. There are no guarantees, but if the customers act on the recommendations would be taken into account when the new rate is set.”]

