LMI adds cyber to its arsenal of broker tools

The claims specialist firm has beefed up its policy comparison tool, which is now offering brokers comparisons between different cyber policies for the first time.

With brokers at last week’s NIBA Convention heard that a cyber attack on a business is more than 14 times more likely than a fire and an ever-increasing number of products on the market, LMI’s Policy Comparison website is now offering comparisons between cyber covers.

So far, policies from AIG, Chubb, Dual and Zurich are included, with more to follow.

LMI’s Professor Allan Manning says a training module covering what brokers should be considering when appraising cyber policies will be launched in the coming weeks.

He says LMI’s RiskCoach is also being updated to further help brokers and their clients understand cyber risks.

In the meantime, please logon to PolicyComparison.com and compare the features and benefits of the cyber policies on offer.