#UnderwritingProcess

Cyber Insurance Needs to Evolve to Ensure Greater Benefit

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February 20, 2024 at 10:07AM The cyber insurance industry faces scrutiny due to skyrocketing premiums and complex policy terms. Underwriting processes are under fire as insurers struggle to keep up with rapidly evolving environments and threats. Modernizing data gathering and potential federal assistance programs are proposed to address the challenges faced by the cyber insurance … Read more

Why CISOs Need to Make Cyber Insurers Their Partners

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December 27, 2023 at 10:05AM The relationship between cyber-insurance providers and policyholders is strained due to the complex underwriting process and rising premiums. Cyber insurance is still in its early stages, experiencing growing pains. To establish a partnership, both parties need to focus on risk reduction and share electronic metrics for accurate policy pricing. Trust … Read more