The cyber marketplace has changed rapidly in recent years. The intricacies of underwriting have added layers of complexity, leading to a sense of cyber fatigue for retail agents. However, it's important to recognize that merely going through the motions of obtaining cyber coverage can lead to significant risks for insureds.

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.

Gone are the days when antivirus software was enough to protect businesses from cyber threats and malware attacks. Modern cybercrime is constantly evolving to produce more complicated, stealthy attacks that require companies to employ proactive security solutions. In this new landscape, endpoints are often the most common target with 81% of companies reporting malware attacks on business devices.1 Fortunately, endpoint detection and response (EDR) solutions are available to provide complete visibility of all endpoint devices and activities, which is vital to discovering adverse incidents with the potential to cause data loss, system intrusions, or malware attacks (source 1).

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.

Cyber risks are skyrocketing. A recent IBM breach report revealed that 83% of organizations experienced more than one data breach in 2022. The severity of the situation continues to be evident in 2023 with the public disclosure of at least 310 cyber incidents in the first quarter of the year alone.