There has been plenty of news over the last year about how COVID-19 has accelerated problems in workers' compensation and other standard lines of insurance, but one of the most significant pandemic-related challenges has been an increasing number of cyber attacks and the resulting impact on underwriting and increased accumulated risk exposure. (Photo: daniilvolkov/Adobe Stock) There has been plenty of news over the last year about how COVID-19 has accelerated problems in workers' compensation and other standard lines of insurance, but one of the most significant pandemic-related challenges has been an increasing number of cyberattacks and the resulting impact on underwriting and increased accumulated risk exposure. (Photo: daniilvolkov/Adobe Stock)

Not long ago, insurers engaged in cash flow underwriting for cyber policies, writing at lower rates to collect premiums because it wasn't viewed as the volatile and catastrophic line of business it is today.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.