CRC Insurance Services’ Post

This post just about sums it up! Crum & Forster prides itself on being a thought leader in the Cyber / Technology E&O segments helping our broker partners find the best solution for their insureds. Please reach out to me or Nick Economidis, Safeer Mohammed or Violet Sullivan, CIPP/US CIPM for more information on C&F's suite of Cyber Services. #cyberinsurance #thoughtleadership #bettersolutions #listeningandhearing

Our own Anthony Cordonnier shared his views on whether the recent innovations in reinsurance unleash the potential of cyber insurance at the Intelligent Insurer Cyber Risk & Insurance Innovation Europe 2024 this morning! It was interesting to hear the market’s perspective and reaction to the trends observed post 1/1. #GuyCarpenter #cyberinsurance #cyber #reinsurance

My Bermuda class tonight is about cyber insurance, very interesting class tonight! They answered my question about how cyber parametric policies could work together with traditional coverage to solve some of the protection gap. Really great information!! Thanks as always to Association of Bermuda Insurers and Reinsurers (ABIR) for the invite! #continuingeducation #bermuda #insurance #cyberinsurance #riskmanagement #risk #abileads #parametricinsurance #cyber

More clarity with your cyber insurance policy and being able to have a sensible discussion with your cyber insurer. That is what an effective cyber and business continuity plan can provide. #cyberinsurance #businesscontinuity #cyberresilience

Cyber insurance prices are holding steady, and premiums are dropping across the board. Our new market update explains how the market’s ample capacity is keeping things competitive.

Good news in cyber insurance—prices are stable, and premiums are dropping. Our update highlights how favorable reinsurance renewals in January have kept the market robust. #cyberinsurance #reinsurance #insuranceindustry

**The cyber insurance market maintains ample capacity, buoyed by favorable reinsurance renewals. Despite aggressive pricing, premium reductions were widespread in Q1. Policies offering only cyber coverage saw common decreases of 5% or more, while those with E&O coverage experienced smaller reductions.** This succinctly captures the key points about the market’s health, reinsurance, pricing, and premium trends. 🌐💼🔒 #cyber #cyberinsurance #riskmanagement

Good news in cyber insurance—prices are stable, and premiums are dropping. Our update highlights how favorable reinsurance renewals in January have kept the market robust.   

Good news in cyber insurance—prices are stable, and premiums are dropping. Our update highlights how favorable reinsurance renewals in January have kept the market robust.

Despite recent cyber attack events, there's good news for the cyber insurance market. Cyber insurance prices remain stable, and premiums are decreasing overall. Our latest market update details how abundant market capacity is fostering a competitive environment.