The agency’s E&O coverage lapsed for 16 days in 2020.
The firm has a large clientele in the manufacturing, construction and real estate sectors.
The situation will likely not improve, a major brokerage firm predicts.
Cyber insurance product prices under pressure, brokers say.
Underwriting this risk in Canada remains challenging, brokers say.
For commercial and personal insurance alike.
Insurance premiums will likely climb again.