Cyber Essentials: Practicalities for brokers

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Jack Elliott-Frey of brokers Safeonline shares tips for brokers on cyber insurance.

The past month has been a busy one for insurance brokers operating in the cyber risk class, due to the launch of a joint initiative by the Government and the insurance sector to help cement the UK's position as the global leader in cyber security insurance.

This new initiative builds on the 10 Steps to Cyber Security guidance published in late 2014, and the Cyber Essentials Scheme which is designed to encourage basic cyber security practice within businesses.

One of the key points that stands

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Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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