RPS: Cyber market underwriting requirements changing quickly
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RPS: Cyber market underwriting requirements changing quickly

Eileen AJ Connelly
August 27, 2021
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The underwriting process for cyber insurance has grown more onerous as carriers are demanding more information and requiring insureds to take specific security steps before writing coverage, Risk Placement Services (RPS) states in its second quarter update on the “State of the Cyber Market".

With premiums rising, carriers don’t need to chase new business, “they simply need the right business,” wrote Steve Robinson, RPS National Cyber Practice Leader.

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Eileen AJ Connelly
Contributing Editor
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