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
- RSA boss Egan "not defensive" about broker criticism
- Andy Briggs to leave Aviva
- Qudos replacement policies reignite unrated debate
- Hiscox report shows cyber attacks are on the up
- Slow take-up of standardised Toba template was expected, says Biba
- Experts predict further changes at Aviva following Briggs' exit
- FCA re-examines duty of care as report warns customers at risk of harm