The Council of Insurance Agents & Brokers released today the findings of its third semi-annual Cyber Insurance Market Watch Survey. Eighty-eight (88) respondents from 66 unique firms participated in the survey and provided insights on all aspects of the cyber insurance market from take-up, to premiums and sophistication of their clients’ cybersecurity programs.
The myriad of economic, regulatory and demographic shifts in the employer-sponsored benefits marketplace have influenced the way brokers approach the market and their go-forward strategy.
The Council of Insurance Agents & Brokers has released the results of its Commercial P/C Market Survey for the second quarter of 2016. Rates once again decreased across all size accounts, by an average of -3.9 percent. Rates were down slightly more than the average from Q1, which was a -3.7 percent.
The Council is re-launching its Employee Benefits Market Watch Survey, and we need your participation!
The Council of Insurance Agents & Brokers released today the results of its Commercial P/C Market Index Survey for the first quarter of 2016. According to survey respondents, commercial property/casualty rates decreased across all size accounts in the first quarter of 2016, continuing a trend in the market since the first quarter of 2015. Rate decreases in Q1 were the largest seen since the trend began, with the exception of large accounts in Q2 2015 which decreased by 5.2 percent compared to the previous quarter.
The Council of Insurance Agents & Brokers has completed its second semi-annual Cyber Insurance Market Watch Survey. Results for the past six months were largely consistent with results from the second and third quarters of 2015.
NEWS RELEASE – FOR IMMEDIATE RELEASE Contact: Brianne Spellane Director of Communications 202.662.4303 brianne.spellane@ciab.com COMMERCIAL P/C PRICING: DOWNWARD RATE TREND CONTINUED ACROSS MOST LINES, ACCORDING TO CIAB MARKET SURVEY WASHINGTON,
The average take up rate for cyber insurance is 24 percent across U.S. business, according to results released today from The Council of Insurance Agents & Brokers’ new biannual Cyber Insurance Market Watch Survey. Survey results showed that small and medium-sized businesses still have a mindset that because they are smaller or don’t store personally identifiable information, their business is not likely to experience disruption from a cyber incident.
NEWS RELEASE – FOR IMMEDIATE RELEASE Contact: Brianne Spellane Director of Communications 202.662.4303 brianne.spellane@ciab.com THE COUNCIL LAUNCHES NEW CYBER INSURANCE MARKET WATCH; SHOWS COVERAGE FOR CYBER RISKS IS EVOLVING BUT
NEWS RELEASE – FOR IMMEDIATE RELEASE Contact: Brianne Spellane Director of Communications 202.662.4303 brianne.spellane@ciab.com COMMERCIAL P/C PRICING CONTINUED GRADUAL DECLINE IN Q2, WHILE INTEREST IN CYBER LIABILITY COVERAGE GREW WASHINGTON,
