European cyber insurance market now more friendly, says Marsh

June 20, 2024

The European cyber insurance market has become much more friendly, with increased capacity per layer, significant overall capacity growth, removal of coverage restrictions, and more enhancements and innovative coverages available, according to Macarena Bandres, Cyber Placement Leader at Marsh Europe.

Bandres’ spoke this morning at Marsh’s Europe Cyber Market Update, noting that underwriters are now more comfortable with the information they receive. She explains, “The writers seem to be more flexible, and more creative. They can provide more capacity with less restrictions.”

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