How would you rate your cyber insurance policy?

Insurance Business UK begins its annual 5-Star Cyber search

How would you rate your cyber insurance policy?

Cyber

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As companies stretch their operations with remote work, insurers have been spending more time in a virtual environment.

The internet is evolving at a rapid pace that, in turn, involves great risk. InfoSecurity magazine reports that cybercrime costs the global economy $2.9 million every minute, with clients facing the risk of cyberattacks and exposure of private information. Therefore, cyber coverage has become an even more essential part of brokers’ offerings.

Are current insurance products good enough? Are carriers providing the necessary underwriting support? Take the survey now and tell us how good the cyber insurance policies you work with are.

Help Insurance Business UK steer insurer offerings and the industry in the right direction by participating in the 5-Star Cyber survey. Take this opportunity to tell us anonymously which policies and carriers are performing well, and which areas need improvement.

Your input will help shape the 5-Star Cyber report, which gives an industry-wide view of the best performers across a number of areas, including first party coverage, claims payment and processing, and underwriting expertise.

The 5-Star Cyber report will be published online in February 2022.

Survey ends on Friday, November 05.

 

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