Revealed – the UK's top cyber insurance providers

Insurance brokers have spoken…

Revealed – the UK's top cyber insurance providers

Cyber

By Roxanne Libatique

Amid the rapidly evolving world of cyber threats, brokers are under increasing pressure to ensure their clients are protected by the most effective cyber insurance policies available. With this in mind, Insurance Business UK (IBUK) has released its list of 5-Star Cyber providers for 2024.

The special report highlights companies that have crafted comprehensive cyber insurance solutions trusted by brokers across the nation.

What makes a top cyber insurance provider?

The quest to identify the UK’s leading cyber insurers for 2024 was underpinned by a 15-week evaluation process.

The IBUK team drew upon the expertise of industry veterans, conducting detailed interviews with specialist brokers and canvassing opinions through surveys within its extensive network. This approach provided deep insights into the professional community’s views on the cyber insurance products currently on the market.

Brokers were initially asked to identify the attributes they value most in cyber insurance policies. Following this, they evaluated how well insurers performed against these desired features. Key assessment criteria included the strength of insurer-broker relationships, claims handling capabilities, underwriting proficiency, and the overall quality of the cyber insurance products offered.

Notable winner: Travelers Europe

Among the acclaimed recipients was Travelers Europe.

The company’s success can be attributed to its strategic partnerships and extensive insurer networks worldwide, ensuring reliable support for its clients, regardless of their location.

Learn more about Travelers Europe and see the rest of the list of 2024 winners by checking out the IBUK 5-Star Cyber 2024 special report.

 

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