February 21, 2019 The Council released its seventh biannual Cyber Insurance Market Watch Survey earlier this month and according to the results, take-up rate for commercial cyber coverage remained relatively
Survey results showed that take-up rate remained relatively low at about 33 percent, premium pricing stayed flat to down and capacity was flush in the market.
Take-up rate remained low in the second half of 2018, with 33 percent of respondents’ clients having purchased at least some form of cyber coverage.
On July 31, President Trump signed into law a bill that reauthorizes the National Flood Insurance Program through November 30, 2018.
The Council of Insurance Agents & Brokers released its sixth biannual Cyber Market Watch Survey this week. Results were consistent with responses from the first and second halves of 2017: cyber insurance take-up rate remained low at 32 percent, and 89 percent of respondents saw premium pricing stay flat or decrease over the past six months. Respondents also agreed that market capacity was plentiful, and some even noted an increase in capacity due to an influx of insurers moving into the cyber market space.
Results were consistent with responses from the first and second halves of 2017: cyber insurance take-up rate remained low and premium pricing stayed flat or decreased over the past six months.
The survey, which consisted of 16 questions designed to provide insights into the burgeoning cyber insurance market, creates a snapshot of the market allowing us to monitor changes and trends.
January 11, 2018 Computer security experts discovered last week what’s to be the largest cybersecurity vulnerability disclosure to date, potentially affecting nearly every computer across the globe. At risk are
The survey, which consisted of 16 questions designed to provide insights into the burgeoning cyber insurance market, creates a snapshot of the market and highlights changes and trends.
When it comes to purchasing cyber insurance, clients are beginning to ask the right questions as they become more familiar with the risk.
