Get exclusive insight from the brokers and underwriters shaping today’s cyber trends
Competition in the cyber insurance world has ramped up dramatically, according to the sixth annual survey of market trends from PartnerRe and Advisen. With coverage expanding and limits rising, how do insurers and brokers view the landscape? Have standalone policies replaced endorsements? How is risk aggregation being managed? This year’s survey answers all of these questions and more, offering an unmatched look at how underwriters and brokers view this changing market.
This year’s survey reveals that price and lack of understanding on both coverage options and exposure still present the biggest obstacles to selling cyber insurance. However, once organizations buy the coverage, their understanding expands appreciably. According to the market, savvy buyers now seek higher and dedicated cyber limits, with a particular interest in cyber-related business interruption coverage.
With insight into how the cyber insurance market manages risk aggregation and whether GDPR has had an impact on coverage or price, this year’s edition of “Cyber Insurance – The Market’s View” is a must-read.