These should be the best of times for cyber insurers. Soaring demand for their product coupled with increasingly sophisticated modelling of potential threats ought to mean coverage is more widespread – and more accurately priced – than ever before. But the increase in competitiveness between insurers these dynamics have driven has not been wholly positive for the market, many argue; in fact, many say underwriting standards have gone into reverse.
In the past, insurers often hired external teams
The week on Risk.net, April 7–13, 2018Receive this by email