Cyber's Next Frontier: Closing the SME Protection Gap

Scott Bailey, head of global cyber underwriting at CFC, joins The Cyber Insurance Podcast to discuss why SMEs could represent the biggest growth opportunity for the cyber market. With cyber insurance take-up still much lower among smaller businesses than large corporates, Bailey explores what insurers and brokers need to do to close the protection gap and better communicate the value of cover. The episode also looks at ransomware, softer market conditions, and CFC’s bold move to introduce clearer affirmative AI protection as businesses increasingly adopt AI tools and new risks emerge.