CyberGuide - Information Security and Cyber Risk Management

Canopius

Matt Northedge
9th Floor, Lloyd’s Building, One Lime Street
London, UK EC3M 7HA
44.203.540.1977
Matthew.northedge@canopius.com


About Canopius:

An established presence in the Cyber market, offering specialist products to a broad spectrum of insureds by size and geography. A service focused offering, providing a comprehensive incident response service where desirable, and partnering with a range of intermediaries, including coverholder businesses. Noted for the depth of experience across the underwriting and claims teams, with a strong track record of product development and innovation.

Survey Answers

Target Client Size
all company sizes
Does US business in
Northeast, Southeast, Midwest, Southwest, West
Does international business in
Canada, Continental Europe, United Kingdom, Asia, South America, Australia/New Zealand,
Primary Service Offering
Insurance Carrier
When did your company start writing standalone cyber insurance policies?
2013
What are your company’s cyber insurance direct written premiums?
$100M to $200M
What percentage of your cyber insurance direct written premiums come from standalone policies and endorsements?
Standalone 91 - 100% | Endorsement 0 - 10%
What percentage of your cyber book of business is primary and excess?
Primary 51 - 60% | Excess 41 - 50%
How many dedicated cyber insurance underwriters of standalone does your company have?
6-10
How many cyber-related claims did your company handle in 2019?
more than 100
What percentage of your cyber-related claims were covered by standalone cyber policies and other lines business?
Standalone 91 - 100% | Other Lines 0 - 10%