The UK's cyber insurance industry is constantly evolving with ever-present threats such as cyberattacks and data breaches. It is therefore imperative for brokers to strengthen their clients' coverage with the most robust cyber insurance policies.

Insurance Business UK launches the third annual 5-Star Cyber report with a mission to determine which insurance policies are keeping up with the rapidly expanding cyber industry and can best fit the industry’s needs.

Take this survey to be part of this valuable industry resource and let insurers and MGAs know where they need to improve.

The 5-Star Cyber report will be published in February 2025 on the Insurance Business UK website and e-newsletter.

The survey closes on Friday, 13 September.

For more information, please contact marinella.mallari@keymedia.com

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* 1. How important are the following when placing a cyber policy? (1 = not important, 5 = most important)

  1 (not important) 2 3 4 5 (most important)
Clarity of first-party coverage
Clarity of third-party coverage
Claims payment/processing
Flexibility/customisation of policies
Underwriting expertise
Access to risk mitigation/risk evaluation partners
Pricing
Breach response
Educating the broker about the policy

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* 2. Which cyber policy is your first choice to offer your clients?

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* 3. How well do you think this policy performs on the following criteria out of 5?
Leave blank if you are unsure or if the criterion is not relevant (1 = poor, 5 = excellent)

  1 (poor) 2 3 4 5 (excellent)
Clarity of first-party coverage
Clarity of third-party coverage
Claims payment/processing
Flexibility/customisation of policies
Underwriting expertise
Access to risk mitigation/risk evaluation tools/partners
Pricing
Breach response
Educating the broker about the policy

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* 4. Growth areas in cyber

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* 5. What can your cyber insurers do better?

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* 6. Which cyber policy is your second choice to offer your clients?

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* 7. How well do you think this policy performs on the following criteria out of 5?
Leave blank if you are unsure or if the criterion is not relevant (1 = poor, 5 = excellent)

  1 (poor) 2 3 4 5 (excellent)
Clarity of first-party coverage
Clarity of third-party coverage
Claims payment/processing
Flexibility/customisation of policies
Underwriting expertise
Access to risk mitigation/risk evaluation tools/partners
Pricing
Breach response
Educating the broker about the policy

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* 8. Growth areas in cyber

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* 9. What can your cyber insurers do better?

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* 10. Nominator Contact Information:
The answers and ratings you have provided will be anonymous and will only be used as collective data for our future awards/reports.

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