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
- Three insurance firms on FSCS insolvency list
- Aspen Risk Management to be placed in runoff
- Aston Lark on cusp of £320m Goldman Sachs investment
- Esure hires former Aviva UKGI boss David McMillan as CEO
- Biba will return to Manchester in 2020
- Aston Lark confirms Goldman Sachs investment deal
- FCA warns of clone MGA