Simply Business CEO previously slammed “poor” products when explaining why the firm does not sell the cover.
The Insurance Age team chat about the most popular stories of this week including potential deals and fines as well as "poor" cyber products.
New UK CEO David Summers on Simply Business’ strategy, being owned by Travelers and why the broker doesn’t sell cyber insurance.
The specialist MGA has teamed up with Beazley and the product will be available to its brokers.
Graeme Newman chats about cyber insurance, the benefits of being an MGA and the firm's strategy following its recent management buyout.
Cyber Decider warns that many popular cyber policies used by brokers do not cover common cyber security problems.
Product includes GDPR wording and covers reputational damage.
Mallaby discusses Marsh’s takeover of JLT, cyber issues in the market and insurance fraud.
Product covers up to £25m in capacity, assistance with cyber risk management and a 24-hour incident response service.
Research from Aviva shows 9% of brokers are expected to leave the industry in the next year but only 13% of brokers have planned for their retirement.
Which topics were grabbing attention over the summer?
SME remains a growth “engine” for the provider.
Product is available for all businesses in the UK and Ireland and provides liability and first-party cover for losses from cyber-attacks.
The PIB-owned underwriter first introduced the cover in 2015 and has added cyber loss recovery plus a number of features to the policy.
New cover aimed at mid-sized and large companies and has a limit of £5m.
Check out which whitepapers were most popular.
The cover is available on a wholesale basis and aimed at UK SMEs.
Provider adds dependent businesses interruption and system failure elements to cover.
Provider says new rules can become “another tool for negotiation by extortionists”.
Trade body has partnered with CFC.
MGA targeting broker and SME client education to support full product roll out.
Cyber, GDPR, professional indemnity and legal expenses make up the top five downloads from Insurance Age’s sister site Insurance Hound.
There are no excuses - it's time for brokers to educate themselves on cyber, writes Ida Axling.
Watch our series of webinars and catch up with all of the articles which explored the myriad of issues in the world of cyber insurance.