Does buying cyber insurance actually make your organization a bigger target for a ransomware attack? To answer this question, which has sparked debate over the past few years, Marsh’s Cyber Risk Intelligence Center (CRIC) partnered with the University of St. Gallen’s Institute of Insurance Economics. Using proprietary Marsh data and cutting-edge statistical methods, this research is the first we are aware of that explores whether cyber insurance influences the likelihood of ransomware attacks. The results for insurance buyers are reassuring.