Will cyber become uninsurable?
February 10, 2022 by Alyssa DiSabatinoWith some loss ratios peaking around 400% in recent years, underwriting cyber risk has become a challenge for the industry. Brokerage executives discussed whether cyber is becoming uninsurable, and agreed a lack of understanding about technology risk is creating undue…
Liquor and Gaming Authority investigates cyber security incident
December 31, 2021 The Canadian PressThe Saskatchewan Liquor and Gaming Authority says it’s investigating a cyber security incident that impacted the organization’s computer systems. The organization says it has brought in independent cyber security experts to help address the matter and assess the impact to…
Understanding cyberattack techniques can improve your game
September 20, 2021 Canadian Underwriter StaffKnowing the most common cybersecurity attacks can help brokers better advise their clients on risk mitigation strategies, a Canadian cyber insurance provider has said. Selling cyber policies remains a concern for many brokers, who are struggling to keep up with…
So when is the P&C industry going to make real money in cyber?
November 28, 2019 by David GambrillThere’s a huge opportunity for Canadian brokers during this hard market and it’s hidden in plain sight — cyber insurance. Cyber protection has been a dominant fixture in industry discussions for the past several years. The product has evolved considerably,…