LUCY - Light upon cyber assurance

Light Upon CYber insurance / © Amrae - 24 - Tailor the underwriting process to the size of the company Increasing the coverage rate of companies certainly requires a sustainable market balance. But it also depends on simplifying underwriting procedures. Or, at the very least, adapting the underwriting questionnaire to the size of the company: SMEs are simply not equipped to answer a questionnaire of several dozen pages. In June 2021, the French Treasury Department set up a working group to develop an insurance offer for cyber risks. This group has clearly identified the simplification of underwriting procedures as an important issue.

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