Mactavish lays down the gauntlet on cyber

weakest link

The insurance governance expert has called on brokers and insurers for a guarantee that eight particular policy flaws won’t be used as reasons for claims refusals after scaremongering row.

Mactavish has challenged insurers and brokers to guarantee that eight common flaws it has identified in policies will never be used as reasons to refuse pay-outs on cyber insurance claims.

In recent months there has been a debate in the market about the quality of cyber cover following a Mactavish report which described cyber cover as “flawed”.

Market experts and providers responded stating they were “perplexed” by the findings which were described as “scaremongering”.

Mactavish has also

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Broking profits fall at Saga

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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