CYBER INSURANCE MARKET WATCH SURVEY

| May 15, 2017

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The Council of Insurance Agents & Brokers (The Council) is pleased to release its fourth biannual Cyber Insurance Market Watch Survey. The survey, which consisted of 16 questions designed to provide insights into the burgeoning cyber insurance market, creates a snapshot of the market allowing us to monitor changes and trends. Since the formation of this survey in 2015, we have seen many positive developments in the market. When it comes to purchasing cyber insurance, clients are beginning to ask the right questions as they become more familiar with the risk. We have also seen a steady increase in take-up rates among clients and prices continue to stabilize. As brokers become more experienced with cyber exposures, they are growing their knowledge of this new breed of risk and playing an increasingly crucial role in both cyber risk mitigation and post-event response.

Spotlight

Seven Corners, Inc

Founded in 1993, Seven Corners, Inc. is an innovative and service focused international travel insurance and specialty benefit management company. Our customers include international travelers, agencies of the U.S. government, corporations, foreign governments, and various types of insurance companies. With a business model focused on innovative products and customized service levels, we work to consistently exceed our customers’ needs and expectations. Seven Corners is privately held and strategically headquartered near Indianapolis in Carmel, Indiana.

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Spotlight

Seven Corners, Inc

Founded in 1993, Seven Corners, Inc. is an innovative and service focused international travel insurance and specialty benefit management company. Our customers include international travelers, agencies of the U.S. government, corporations, foreign governments, and various types of insurance companies. With a business model focused on innovative products and customized service levels, we work to consistently exceed our customers’ needs and expectations. Seven Corners is privately held and strategically headquartered near Indianapolis in Carmel, Indiana.

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