In today’s digital world, cyber threats are no longer a distant concern—they’re an everyday business risk. But despite the growing urgency, cyber insurance remains one of the most time-consuming and complex lines to quote, explain, and sell. That’s why SeedPod Cyber launched the Broker CyberAssist Program — a turnkey solution designed to eliminate common roadblocks brokers face […]
Category: Brokers
2025 market pulse (what your clients will ask you) What great partners deliver (a broker’s checklist) 1) Practical cyber expertise you can put in front of clients A partner should blend underwriting + security, join client calls, translate control gaps into insurance impact, and pre-wire underwriters with evidence (MFA, EDR, backups, PAM, phishing-resistant auth). 2) Frictionless risk […]
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The short version• The claims data (NetDiligence) says losses are concentrated in ransomware and business email compromise, with small and midsize firms filing the vast majority of claims.• The breach data (Verizon DBIR) shows third-party involvement and vulnerability exploitation rising fast, with ransomware appearing in nearly half of breaches—but median ransoms trending down as more […]
As cyber losses increase and negatively impact insurance carriers and their loss ratio, Lloyd’s of London is proposing to exclude certain coverage from their cyber-insurance policies. The company stated that it will no longer cover any losses that result from “cyber -war”. Cyber-war is a cyber-operation that disrupts the activity of a state or organization. […]