Brokers working in the cyber insurance market will need to explore solutions that will allow them to not only manage but also grow their quote volume capacity. (Photo: Shutterstock)

For better or worse, the cyber environment is a place of constant evolution. On the plus side, that evolution means tremendous innovation. On the downside, those leaps forward are unfortunately opening the world up to increased threats of cyberattacks.

For businesses, this increase in cyber threats has resulted in a corresponding increase in the need for more comprehensive cyber coverage. But as more attacks make headlines and businesses clamor for increased cyber coverage, premiums have similarly spiked.

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