Analysis

Briefing: Commercial brokers must build cyber cover confidence to avoid ‘lazy broking’

By 2023-01-27T11:08:00

nervous broker

Are brokers sufficiently equipped to have well informed cyber insurance discussions with clients or are they ‘doing a very poor job on the whole’?

The penetration of cyber insurance among the UK’s SMEs remains a concern.

Research by insurer Aviva, published in October 2022, found that despite 21% of UK SMEs experiencing a cyber incident between October 2021 and October 2022, 34% of this demographic have still have not purchased cyber cover.

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