Sarah Stephens News

RIMS 2017: Why Cyber Should Be Treated as Standalone Insurance

Treating cyber risk as a standalone insurance market holds the promise of unlocking the potential for meaningful coverage for both insurers and buyers, according to a new report by JLT Re and JLT Specialty Limited. According to the report released …

Cyber Insurance Underwriting Moves from ‘Toddler’ to ‘Teen’ As Insurers Learn from Claims

Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from the line. But one would be wrong, …

Agent, Cyber-Educate Yourself – and Your Clients

A recent report showing that cyber insurance premiums will grow globally from $2 billion annually to more than $20 billion over the next 10 years reinforces what most in the insurance industry already know: cyber risks are a big deal …