Relevancy in Cyber Requires Innovation and Collaboration

LONDON – Is the concept of “cyber insurance” already becoming outdated?

A panel of experts at Advisen’s Cyber Risk Insights conference on March 7 in London discussed the evolving cyber risk landscape and how it is shaping the industry’s business models and product initiatives.

Common threads throughout the discussion were the need for continued product innovation and collaboration outside traditional insurance silos.

“The risk is multidimensional and as insurers we need to evolve and be multidimensional for our clients to really address their needs,” said Juliet White, vice president at XL Catlin. “Our brokers also need to help us educate our insureds.”

Read more at http://www.advisenltd.com/2017/03/20/relevancy-cyber-requires-innovation-collaboration/

Josh Bradford, Relevancy in cyber requires innovation and collaboration (March 20, 2017), available with subscription at Advisen Cyber Front Page News.