Woodruff Sawyer: 76% of underwriters expect cyber coverage to contract in 2022
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Woodruff Sawyer: 76% of underwriters expect cyber coverage to contract in 2022

Jairo Ibarra
May 18, 2022
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While conditions are expected to improve in other areas of the commercial market, 76% of underwriters surveyed in a recent study by Woodruff Sawyer anticipate that cyber coverage will contract in 2022.

“If 2021 was the year of rate increases, 2022 will be the year of coverage restrictions – and more rate increases,” Woodruff said.

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Jairo Ibarra
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