Cyber insurance procurement process labelled ‘a disaster’
Onda chief underwriting officer Alex Jomaa has dubbed the procurement process for cyber insurance “a disaster”, and said that both brokers and underwriters need to change their ways to boost the number of businesses that buy the product.
Jomaa made the comments during a panel discussion at the Zywave Cyber Risk London conference on Thursday last week (18 April), focused on how to expand the SME cyber insurance market.
Catherine Lyle
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