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The cyber insurance market has become increasingly difficult for independent agents to navigate as carriers beef up their coverage applications to limit exposure from soaring losses.

Deals have declined 6% compared with the year prior, which saw an extraordinary amount of M&A activity.

Consolidation is intended to 'benefit both independent agents and the insurance industry as a whole.'

Wire fraud typically involves cybercriminals posing as a person of authority to trick a business into transferring money.

It's imperative that independent agents take advantage of resources — especially in-person sharing and learning.

Conducting a risk assessment can help companies lower their cyber insurance premiums as threats increase.

There are two things every agency should do to become better aligned with its insurers.

Cybersecurity is now a threat to every business. Insurance agencies and brokerages are no exception.