cyber training

Some Cyber Insurance Professionals Don’t Really Understand What They’re Underwriting or Selling: CII Survey 

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A July 2021 survey by the Chartered Insurance Institute (CII) highlights a lack of training among insurance personnel involved with cybersecurity policies. “Almost six out of 10 insurance professionals polled said they had not received any training about cyber risk even though they were involved with pricing or underwriting policies related to cyber risks:” says … Read more

Ramping Cyber Insurance Premiums Help Hiscox Hit Profitability in H1 2021 

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Hiscox Ltd (LSE:HSX) lists increasing cyber insurance rates as part of its turn to profitability in the first half of 2021, according to its 2021 interim and Chairman’s statement. “Rate strengthening is particularly prominent in cyber, where we have seen an average rate increase of 20%, primarily in response to the increased frequency and severity … Read more

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