Report

The Role of Intermediaries in Placing Cyber Risk

According to a recent EY survey, just two-thirds of organizations surveyed thought they had adequate cyber coverage to meet their true exposure to cyber risk. Why is this the case?

The Role of Intermediaries Report - No border

Report features

  • With the wealth of data available to companies and their insurer partners, there should be enough information to tailor specific insurance cover to any organizations’ needs.
  • However, upon deeper analysis, there are several structural factors across the market that contribute to this inefficiency and under-protection of corporations.
  • Brokers must adapt their advisory techniques, according to their client’s characteristics.
  • Most of our findings in this paper apply to both small and large insureds, however, nuances will still exist according to client size and industry.