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In an article published by Insurance Business Canada, CNA’s Jacqueline Detablan joins the panel of experts to discuss emerging trends and answers brokers’ top questions regarding cyber insurance.
"Rates are increasing modestly, and I anticipate this will continue, given the rise in frequency and severity of events, coupled with the higher reinsurance costs. Although there is tightening of capacity with traditional carriers, new capacity is entering the market in the form of fintechs that have recently launched. It remains to be seen what role these firms will play in the Canadian cyber insurance market." Jacqueline Detablan, Vice President, Specialty, CNA Canada.
For more information and personal insights, read the article "Cyber Insurance Report, 2020”, published in Insurance Business Canada.
Published article: HERE