Split market reviews in cyber business interruption towers: Why it's time for a rethink

The International Underwriting Association (IUA), in collaboration with Baker Tilly, has released a new report titled: Split Market Reviews in Cyber BI Towers: Why It's Time for a Rethink.

This report explores a growing challenge in the cyber insurance market: how business interruption claims are reviewed when multiple insurers participate in layered tower structures. As cyber losses become more complex, fragmented review processes can lead to duplicated effort, increased costs and delays in claim resolution.

Drawing on real-world market experience, the report examines why many stakeholders are calling for a more coordinated approach and considers how established practices from other insurance sectors could help improve the claims process.

With expert commentary and practical insights, this report is a must-read for anyone involved in cyber risk management and insurance. Explore the report to learn how emerging market practices and industry collaboration are helping shape the future of cyber business interruption claims.