Insurance provider Risk has introduced Cyber COPE , a new model for underwriting cyber risks to improve assessments of security and privacy risks . The company developed a set of questions at the core of this methodology to provide necessary data elements that help underwriters comprehensively assess cyber risk . The questions , such as " How many endpoints are covered by your company ? " are based on those used by property developers and require quantifiable responses that Chubb expects will reduce subjectivity between customers and brokers .
Security provider Chubb has introduced Cyber COPE, a new model for underwriting cyber insurance to improve assessments of cyber and privacy risks. The company developed a set of questions at the core of this methodology to provide necessary data elements that help underwriters comprehensively assess cyber risk. The questions, such as "How many endpoints are used by your company?" are modelled on those used by property underwriters and require quantifiable responses that Chubb expects will reduce subjectivity between customers and brokers.