With the frequency and sophistication of cyber attacks on the rise, risk managers are losing sleep over whether they definitely have coverage.

Insurers having a hard time figuring out how to underwrite and price cyber risks should consider new approaches to adapt to a constantly evolving exposure, a new report by Deloitte suggests.

Insurers may need to change their traditional underwriting approach to meet bullish forecasts for cyber coverage sales.

Insurers may need to change their traditional underwriting approach to meet bullish forecasts for cyber coverage sales.

While insurers may be cautiously optimistic about the likelihood of economic expansion and regulatory relief this year, a number of obstacles could undermine their top- and bottom line growth.

P&C insurers may have their hands full in 2017 coping with a host of challenges, but that doesnt mean they dont have significant opportunities for growth and operational transformation this year and beyond.

Building bridges among product lines and injecting more operating flexibility into siloed insurance organizations should enable faster reallocation of resources and help carriers attain an evolving, yet optimal product portfolio and improve return on capital.

While millions of new hires over the past few years have bolstered the balance sheets of workers comp insurers, seismic shifts in the labor force and turbocharged automation may be putting carriers at serious risk of disruption.