Revealed – prime cyber insurance coverage firms in America for 2024

Revealed – prime cyber insurance coverage firms in America for 2024 | Insurance coverage Enterprise America

Winners had been rated primarily based on protection choices, coverage flexibility, claims dealing with, and extra

Revealed - top cyber insurance companies in America for 2024


Roxanne Libatique

Insurance coverage Enterprise America (IBA) has unveiled its record of the highest US cyber insurance coverage firms for 2024.

To determine the main cyber carriers, IBA engaged business specialists in a 15-week analysis course of. This concerned in-depth interviews with specialist brokers and surveys distributed to hundreds inside IBA’s community, aiming to seize insights on present market preferences and choices.

Brokers had been requested to spotlight essentially the most important options of a cyber insurance coverage coverage and charge their experiences with numerous carriers primarily based on these attributes.

The analysis standards included protection choices, coverage flexibility, claims dealing with effectivity, pricing, and the general high quality of the merchandise offered.

Established in 1879, Tokio Marine Group reported a market capitalization of $49 billion as of December 31, 2023. Headquartered in Houston, TX, Tokio Marine HCC is a outstanding specialty insurance coverage group with vital monetary energy scores: A+ (Sturdy) from S&P World Rankings, A++ (Superior) from AM Finest, and AA- (Very Sturdy) from Fitch Rankings.

The Tokio Marine HCC model encompasses affiliated firms underneath HCC Insurance coverage Holdings, a Delaware-incorporated insurance coverage holding firm.

CPLG delivers specialised insurance coverage options nationwide, with a give attention to cyber legal responsibility, skilled legal responsibility, and turnkey reinsurance merchandise.

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