Stay informed on emerging issues and trends in the insurance industry.
Cyber events don’t always just result in financial loss but can also cause first or third-party bodily injury or physical damage. In response, many insurers have adopted various exclusions, sub-limits and changes to non-cyber insurance policies. This issue of non-affirmative coverage for cyber events is known as silent cyber. Through various claim scenarios across coverage lines and industries, this article explores the wide range of insureds that are at risk of a silent cyber incident.
Despite the ongoing pandemic and hard market pressures, the London marketplace has demonstrated its resilience. In the Q4 State of the London Market report, our London specialists at THB take a closer look at what's happening at Lloyd's and examine market conditions across several segments.