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Cyber REDY® Index October 2023

Cyber REDY® Index October 2023

The REDY Index leverages CRC Group’s collection of actionable data – the wholesale industry’s largest. It provides critical pricing analysis monthly, giving you a snapshot of the marketplace. The REDY Index generates instant intelligence on pricing trends by industry or coverage, enabling our retail partners to set accurate data-driven expectations with their clients. Removing the guesswork empowers CRC team members to negotiate competitively, consistently producing better outcomes, better deliverables, and better results.

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Cyber REDY® Index July 2023

Cyber REDY® Index July 2023

The REDY Index leverages CRC Group’s collection of actionable data – the wholesale industry’s largest. It provides critical pricing analysis monthly, giving you a snapshot of the marketplace. The REDY Index generates instant intelligence on pricing trends by industry or coverage, enabling our retail partners to set accurate data-driven expectations with their clients. Removing the guesswork empowers CRC team members to negotiate competitively, consistently producing better outcomes, better deliverables, and better results.

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Social Engineering & Cybercrime Remain Top Cyber Insurance Concerns

Social Engineering & Cybercrime Remain Top Cyber Insurance Concerns

Ransomware garnered many of the cybercrime headlines in 2021 and 2022. Insurance carriers honed in on its devastating impacts, inspiring many insureds to put proper controls in place to help fend off such attacks. Research indicates that ransomware attacks have declined significantly over the past 12 months compared to 2021, and fewer companies are now paying ransoms. A 2022 survey of 300 U.S.-based information technology (IT) decision-makers regarding the impact of ransomware attacks on their organizations found that 25% of companies were victims of ransomware attacks over the past 12 months, a 61% decline from the previous 12-month period (source 3).

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To Improve Data Breach Response, Follow These Steps

To Improve Data Breach Response, Follow These Steps

The value of insurance and risk management often comes into sharp focus when a loss occurs. This is especially true of cyber risks such as data breaches.

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Cyber Insurance: One Size Doesn’t Fit All

Cyber Insurance: One Size Doesn’t Fit All

There is no one perfect insurance policy for all clients, but retail agents can help their insureds find appropriate coverage forms by focusing on the exposure. This is especially true of cyber liability insurance.

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 Fintech is Booming: Can Insurance Coverage Keep Up?
Fintech is Booming: Can Insurance Coverage Keep Up?
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NIL Rules Increase Malpractice Risk for Sports Doctors
PFAS Exposure Concerns Rising Across Industries
PFAS Exposure Concerns Rising Across Industries
Cyber Insurance Remains Critical as Ransomware Attacks Rise
Cyber Insurance Remains Critical as Ransomware Attacks Rise
What 2024 Is Teaching Us About the Human Services Marketplace
What 2024 Is Teaching Us About the Human Services Marketplace
New Solutions for Trucking Insurance Challenges
New Solutions for Trucking Insurance Challenges
Cyber or Crime Policy? How to Protect Against Social Engineering Fraud
Cyber or Crime Policy? How to Protect Against Social Engineering Fraud
Property REDY® Index Q3 2024
Property REDY® Index Q3 2024
Excess & Umbrella REDY® Index Q3 2024
Excess & Umbrella REDY® Index Q3 2024
Private D&O REDY® Index Q3 2024
Private D&O REDY® Index Q3 2024
Employment Practices Liability ® Index Q3 2024
Employment Practices Liability ® Index Q3 2024
Errors & Omissions REDY® Index Q3 2024
Errors & Omissions REDY® Index Q3 2024