‘Inconsistency has become the consistent trend’ among cyber insurers: RPS
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‘Inconsistency has become the consistent trend’ among cyber insurers: RPS

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The cyber market is experiencing an “underwriting dichotomy”, particularly in the SME sector, with some insurers lowering rates and underwriting requirements, while others continue a more disciplined approach, wholesaler Risk Placement Services (RPS) said in its 2023 cyber market outlook.

“While these tactics are vastly different, one thing is certain: The cyber insurance market is extremely dynamic and offers great promise to those taking a measured approach,” the report reads.


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