Cyber a good fit for automated underwriting: Moore Stephens

Cyber risks lend themselves to automated underwriting due to the
need for stringent management of the policy and the global nature
of the product, according to Moore Stephens Consulting.
Speaking to The Insurance Insider this
morning, Moore Stephens partner David Sweet explained that a system
such as its automatic binding platform Rulebook Hub could simplify
the current process to allow coverholders to bind business
immediately while ensuring the risk met the carrier's
underwriting requirements.