In-depth - cyber: Are brokers protecting themselves against cyber risks?
With just 11% of UK businesses covered by cyber insurance, according to figures from the Association of British Insurers, brokers have an important role to play in increasing take-up. But, to be successful advocates of the product, it’s important that they take their own cyber risk seriously.
“If you’re extolling the virtues of a cyber insurance product and you’re hit by a data breach, it can look really bad,” says Ed Lewis, cyber insurance specialist at law firm Weightmans. “Brokers need to
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