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Cyber REDY® Index June 2021

Cyber REDY® Index June 2021

The REDY Index leverages CRC Group’s collection of actionable data – the wholesale industry’s largest. It provides critical pricing analysis monthly, giving you a snapshot of the marketplace. The REDY Index generates instant intelligence on pricing trends by industry or coverage, enabling our retail partners to set accurate data driven expectations with their clients. Removing the guesswork empowers CRC team members to negotiate competitively, consistently producing better outcomes, better deliverables, and better results.

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Cyberwrite on REDY®: Helping Clients Understand & Quantify Cyber Risks

Cyberwrite on REDY®: Helping Clients Understand & Quantify Cyber Risks

Companies around the globe rely on websites, computer systems, and digital connections with the world to do business. While organizations may have varying degrees of digital presence, every business is exposed to cybersecurity risks that can result in devastating financial loss due to steep regulatory fines, customer data loss, financial theft, or business interruption. Unfortunately, many companies struggle with understanding, quantifying, and mitigating their cyber exposure.

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Cyber REDY® Index April 2021

Cyber REDY® Index April 2021

The REDY Index leverages CRC Group’s collection of actionable data – the wholesale industry’s largest. It provides critical pricing analysis monthly, giving you a snapshot of the marketplace. The REDY Index generates instant intelligence on pricing trends by industry or coverage, enabling our retail partners to set accurate data- driven expectations with their clients. Removing the guesswork empowers CRC team members to negotiate competitively, consistently producing better outcomes, better deliverables, and better results.

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Multi-Factor Authentication (MFA): A Must Have for Cyber Coverage

Multi-Factor Authentication (MFA): A Must Have for Cyber Coverage

Over the last 18-24 months the rate of ransomware attacks has skyrocketed in both frequency and severity, driving significant changes in the cyber insurance marketplace. In years prior, cyber submissions were simple and it was easy to obtain bindable quotes from multiple markets. When it came to renewals, underwriting typically only required updates around major business changes. But, times have changed and these days underwriters across the board are asking for more information related to ransomware loss controls and IT risk management. It’s now common practice to require that insureds have Multi-Factor Authentication (MFA) in place (especially when it comes to email access) before providing a quote for most accounts. Without MFA, clients risk non-renewal or a retention hike of 100% or more.

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Preparing Clients Against the Impact of Cyberattacks

Preparing Clients Against the Impact of Cyberattacks

Week after week, hackers and cybercriminals launch new phishing campaigns, develop creative digital extortion threats, and expand scams with the potential to negatively impact business operations in a big way. Cyberattacks can halt online operations in only minutes and take weeks to resolve. In addition, a cyberattack that involves the loss of customer data can result in expensive litigation that seriously impacts a company’s bottom line.

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2021 Excess Casualty Market Remains Firm
2021 Excess Casualty Market Remains Firm
New York Construction Market Steady Post-Pandemic
New York Construction Market Steady Post-Pandemic
Why Consider Personal Umbrella Insurance?
Why Consider Personal Umbrella Insurance?
CRC Helps Financial Services Firm Achieve Reversal of Coverage Denial and Agreement to Defend E&O Claim
CRC Helps Financial Services Firm Achieve Reversal of Coverage Denial and Agreement to Defend E&O Claim
Insurance Landscape Hardens Further as Wildfires Rage
Insurance Landscape Hardens Further as Wildfires Rage
Excess Liability: Do Follow-Form Policies Really Follow Form?
Excess Liability: Do Follow-Form Policies Really Follow Form?
CRC’s Claims Advocacy Helps Medical Imaging Center Obtain Carrier Agreement to Defend Wage & Hour Claim
CRC’s Claims Advocacy Helps Medical Imaging Center Obtain Carrier Agreement to Defend Wage & Hour Claim
Property Insurance: Inflation & Rising Building Costs Create ITV Challenges
Property Insurance: Inflation & Rising Building Costs Create ITV Challenges
Excess & Umbrella REDY® Index June 2021
Excess & Umbrella REDY® Index June 2021
Cyber REDY® Index June 2021
Cyber REDY® Index June 2021
Private D&O REDY® Index June 2021
Private D&O REDY® Index June 2021
Cyberwrite on REDY®: Helping Clients Understand & Quantify Cyber Risks
Cyberwrite on REDY®: Helping Clients Understand & Quantify Cyber Risks