Insurance Business America (IBA) revealed its list of the largest American cyber insurance companies for the year 2024.

To learn about the leading cyber communications companies, Iba Involving industry experts in a 15-week evaluation process. This included in-depth interviews with specialist brokers and questionnaires distributed to thousands within the IBA network, aiming to gain insights into current market preferences and offerings.

Brokers were asked to highlight the most important features of a cyber insurance policy and rate their experiences with different carriers based on these attributes.

Evaluation criteria included coverage options, policy flexibility, claims handling efficiency, pricing, and overall quality of products provided.

Best Cyber ​​Insurance Companies in the US for 2024

The 2024 honorees include Tokio Marine HCC – Cyber ​​& Professional Lines Group (CPLG).

CPLG refers to the cyber and professional operations related to Tokio Marine HCC, part of the Tokio Marine Group.

Founded in 1879, Tokyo Marine Group has a market capitalization of US$49 billion as of December 31, 2023. Headquartered in Houston, Texas, Tokyo Marine HCC is a prominent specialty insurance group with significant financial strength ratings: A+ (Strong ) from Standard & Poor’s global ratings. A++ (Superior) from AM Best, and AA- (Very Strong) from Fitch Ratings.

The Tokio Marine HCC brand includes subsidiaries of HCC Insurance Holdings, an insurance holding company incorporated in Delaware.

CPLG provides specialized insurance solutions nationwide, with a focus on cyber liability, professional liability, and turnkey reinsurance products.

See the rest of the list of winners by reading the IBA 5-Star Cyber ​​2024 special report.