Trend | Range | |
---|---|---|
+5% to +10% |
What used to be a benign line of coverage continues to evolve with unique and sophisticated hacking and trickery schemes, though employee dishonesty claims remain the number one driver of crime losses.
Insurers are focused on eliminating coverage that may also be addressed in cyber policies.
New exclusions and coverage restrictions are emerging as a result of court decisions, evolving technology and loss trends.
Social engineering fraud remains a top focus for underwriters.
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