How Continuous Underwriting is Transforming Cyber Insurance
While cyber insurance has never been more desperately required by businesses of all sizes, insurance carriers often struggle to appropriately evaluate their risk. As a result, insurers are significantly increasing their premiums, reducing coverage, or exiting the cyber insurance market completely – frustrating customers in the process.
To better control their exposure to the unique risks posed by cyber crime, insurers must leverage a new process to remain agile and responsive. We call that process continuous underwriting.
In this ebook, we’ll help you understand how a continuous underwriting approach works, challenges to watch for, and why security ratings are an essential tool for enabling a continuous underwriting process.