There are several ways the industry can close communication gaps
Gia Snape of Insurance Business sat down with Paul Needle, senior vice president, cyber treaty underwriter at Munich Re US, to discuss the importance of a strong feedback loop between claims, actuarial, and underwriting teams in facilitating a stable and resilient cyber re/insurance market.
As cyber threats increase in sophistication and frequency, the need for collaboration among key players—underwriting, actuarial, and claims—has never been more urgent.
An organization’s industry’s ability to develop strong communication and feedback mechanisms can b