Articles - White Paper on how to price cyber insurance sustainably


The cyber insurance market currently resembles a goldrush, with carriers competing in a race to the bottom. Whilst competitive pricing is essential to remain viable, underestimating and under-pricing cyber risk exposes carriers to potentially vast losses.

 

 Which is why Insurance Nexus spoke with Berkshire Hathaway Specialty Insurance and Philadelphia Insurance Companies – to uncover how to anticipate evolving exposure, accurately price risk and find strategies to reduce customers risk.

 

 Don’t miss exclusive insights from Sean Clifford (Senior Underwriter Professional Liability, Berkshire Hathaway Specialty Insurance) and Evan Fenaroli (Cyber Product Manager, Philadelphia Insurance Companies) on how to:
  

 • Stay competitive, sustainably: how to offer the coverage of competitors at an adequate price, pleasing customers while maintaining a sustainable book
  
 • Build and utilize loss data effectively: how to utilize internal loss data to price and quantify risk
  
 • Satisfy customer demands with full, modern coverage: Explore how to anticipate exposure and write attractive products by predicting future events with the help of predictive modelling
  
 • Discover the future evolution of pricing models: Listen to how carriers view evolution of current and future pricing models as the risk landscape changes.
  
 
  
 Thanks,
 Emma
  
  
 Emma Sheard
 General Manager
 Insurance Nexus
  
 emma.sheard@insurancenexus.com
 +44 (0) 207 422 4349
 
  

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