Product Update

"Technology Errors & Omissions Market Survey—2021" in The Betterley Report

The February 2021 issue of The Betterley Report, "Technology Errors & Omissions Market Survey—2021," includes the following highlights.

  • Increasing Rates and More Selective Underwriting Put the Squeeze on Tech Insureds
  • ISO MarketStance Forecasts Increasing Premium Growth for the Tech Errors and Omissions (E&O) Line, but the Increase Will Narrow Compared with Nontech E&O
  • OFAC Advisory Prohibiting Ransomware Payments Likely To Play Havoc with this Critical Coverage
  • Admiral, Arch, The Hartford, Markel, and RLI Removed from this Report