- Cambridge, MD
The Cyber insurance market has seen rapid growth in recent years, but during that time, the cycle between hard and soft markets has been quick and volatile — much more compressed than the slowly evolving cycles experienced across other insurance lines.
This volatility makes it a difficult market for agents to operate in — a fast-moving threat landscape, ever-changing client needs, and constantly rising and falling premiums make expert advice a must.
The 2024 US Cyber Outlook Report from RPS discusses how a worsening claims landscape, coupled with a year-plus of softening rates, could set the stage for a relatively short-lived soft market.
Learn key insights from the 2024 US Cyber Market Outlook:
- Key factors affecting the segment, such as the unpredictable perils facing the cyber industry
- A look into cyber claims, in relation to matter type and industry
- What to expect in 2024 and what agents need to know before you approach renewal season
Get the full 2024 US Cyber Market Outlook to learn more.