Cyber hits top spot for schemes commission earnings
SchemeServe research shows that cyber has outpaced other insurance schemes with an 87% increase in commission earnings over the past six months.
In cyber overall volumes rose 32% on the last six months and nearly 500% since the start of the pandemic. Commission earnings were also up 82% in six months.
SchemeServe also flagged cyber as the scheme with by far the highest commission earnings increase over the period.
The second highest was combined liability at 37%. Although combined liability was the second highest in commission earnings, volumes have remained static in the last six months, but premium income rose 32%.
The report
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