War exclusions: cyber attack attribution problematic for SMEs
Traditional underwriting cannot be applied to cyber risks
The cyber risk transfer market will undergo profound changes in the coming years as carriers hone or change their risk appetite and the industry gets better at helping clients with risk mitigation instead of simply selling reactive policies. The panel also debated the extent to which recent rate hikes reflect the increased cyber threat to businesses.
Cyber Risk Europe, Cyber Rates, Risk Mitigation, Insurance, Reinsurance, Technology, Europe