25-01-2017 16:13 via insuranceinsider.com

Cyber market 'weak at claims game': Newman

Cyber policy wordings are "weak" and
"vacant", CFC Underwriting director and chief innovation
officer Graeme Newman told an audience of claims executives
today.
Speaking at a London Market Claims Council event organised by
The Insurance Insider, Newman criticised
the way the London market writes cyber cover.
"It worries me that the cyber market is so weak when it
comes to the claims game," he said.
Newman said the number of cyber claims CFC deals with is
rocketing up. He said...
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