2022 Cyber Market Observations—A Carrier Perspective
Steve Krusko is the Chief Underwriting Officer for Berkley Cyber Risk Solutions, a wholly owned operating company of W. R. Berkley Corporation. He is responsible for setting strategies, underwriting guidelines, broker appointments and ensuring the profitability of all cyber insurance products underwritten within Berkley Cyber Risk Solutions. The expectation for the first half of 2022 appears to be a continuation of 2021 as insurance carriers continue to adjust their portfolios to improve underwriting results and brokers look for solutions to meet their clients’ needs. This will present both challenges and opportunities as the Cyber Insurance ecosystem adjusts to a long-term [...]