“Unlike traditional cyber insurance policies, which can be complicated and difficult to amend, modularity allows brokers to offer customized policies with negotiated coverages specific to a client’s exposure. Customizing coverages in a traditional cyber policy requires either full redrafting or endorsements that can make it difficult to understand what the policy actually covers, Resilience said. These modifications can take days or weeks. Modularity enables policy amendments to be updated immediately and reflected in line with the policy.”
Source: Resilience introduces modular cyber insurance policies | Insurance Business America