Article ID: 4bee0e9cd438bece0d6a6b93faccf8fdb8f9eee9cabf8add25c5f8ed08283e13
Source ID: secondary:businessinsurance.com
Published At: -
Extraction Method: bs4_heuristic
URL: https://www.businessinsurance.com/cyber-liability-market-remains-competitive/
Body Text
Cyber liability market remains competitive - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Cyber liability market remains competitive by Matthew Lerner Cyber Risks Mar 3, 2026 NEW YORK – New capacity and underwriters have put competitive pressure on cyber rates and are leading to some erosion of underwriting standards, a panel of experts said. Cyber insurance is becoming less profitable for underwriters, said Dave Lewison, New York-based executive vice president, national professional lines practice leader at Amwins Brokerage. Policy counts continue to rise, “but we’re collecting less on a deal-by-deal basis,” he said during a session Tuesday at the Professional Liability Underwriting Society’s Cyber Symposium. A major cyber incident and resulting claim or claims might stabilize pricing, said John Menefee, Cleveland-based enterprise cyber lead at Travelers Bond and Specialty Insurance, adding he hopes that doesn’t happen. Amid the competition, some underwriters are relaxing underwriting standards by reducing waiting times for business interruption claims in cyber incidents, for example, he said. Brian Robb, New York-based senior vice president, head of cyber, miscellaneous professional liability and technology errors and omissions for North America at Berkshire Hathaway Specialty Insurance, said he had just lost a cyber policy sale to a competitor that offered a zero-hour waiting period on a cyber policy. Related News Access to care continues to plague comp industry: panel March 3, 2026 Virginia passes bill to increase comp burial expenses March 3, 2026 Squirrel indicted in Ohio network outage March 3, 2026 Employee crime affects most large firms: Survey March 3, 2026 MGA Rokstone launches division focused on digital economy risks March 3, 2026 Axa XL names E&S casualty zonal leaders March 3, 2026 Hilb hires former Risk Strategies exec as platform leader March 3, 2026 Marine insurers widen high-risk zone in Gulf as conflict escalates March 3, 2026 Zurich stock drops after Beazley financing move March 3, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
Metadata (JSON)
{
"score": 10.916666666666666
}