Gallagher Re has introduced a flexible cyber reinsurance framework designed to support a variety of models, from facultative to treaty, and cover products like cyber, technology errors and omissions, and cyber property damage. This approach aims to address the evolving needs of the APAC market.
The framework connects cyber capacity with demand across all market segments including personal lines, small and medium enterprises, midmarket, and large corporations. It lays the foundation for tailored cyber solutions that match specific market conditions and client requirements.
Gallagher Re highlighted that growth in the cyber market depends on tapping international markets and developing new products, rather than focusing solely on saturated regions.
The company stated the framework enables the industry to “mine for growth” rather than “pan for growth,” supporting a more sustainable development of cyber capacity.
By introducing this adaptive structure, Gallagher Re aims to foster sustainable growth and responsiveness in APAC’s cyber insurance market.
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