Cyber experts dispute Mactavish report

Cyber thief

Market “utterly perplexed” by report which accused some brokers of “scaremongering” to sell products and suggested some cover did not match the needs of companies.

The cyber market has hit back at a recent Mactavish report which claimed that the insurance was “flawed” and suggested that some companies are being “mis-sold” cover.

Richard Hodson, director at UKGlobal Group, was disappointed by the report and said he did not believe it reflected the current cyber market.

He insisted: “Most of the bad policies have now fallen away and a lot of them were bolt-ons.”

Fantastic
Hodson also stated that the majority of policies for the SME and corporate market –

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Broking Success: Embracing technology

Mark Thomas, founder of Compare Insurance, is looking to harness the power of technology even further to continue the pace of 60% growth the business achieved last year.

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