crisis management News

Marsh Launches Cyber Risk & Data Breach Cover for Non-US Clients

Marsh has launched Marsh CyberShield, an exclusive cyber risk and data breach insurance policy for mid- to large-sized organizations. Available globally to Marsh clients outside of the US, Marsh CyberShield can provide up to £500 million ($624 million) in cover …

Hiscox Launches Security Incident Response Policy for Crisis Support

Specialist global insurer Hiscox has launched a Security Incident Response (SIR) policy designed to provide clients with crisis management services. “SIR will enable organizations to fulfil their duty of care obligations to protect people, operations, shareholder value and long-term brand …

XL Catlin Launches Active Assailant, Terrorism Threat Coverage

XL Catlin’s has launched Active Assailant, Loss of Attraction and Threat (ALT) insurance coverage to respond to the impact of terrorism or an active assailant attack or the threat of an attack on the operations of businesses and public service providers. …

XL Catlin Extends Partnership with Kidnap Response Specialist S-RM

XL Catlin’s insurance operations announced it has extended its partnership with S-RM, the London-based specialist risk and business intelligence consultancy, effective Jan. 1, 2017. S-RM becomes XL Catlin’s provider of choice for delivering kidnap response services to XL Catlin’s kidnap …

XL Catlin Launches Emergency Security & Disaster Evacuation Solution

XL Catlin’s insurance operations announced the launch of an Emergency Security and Disaster Evacuation (ESDE) solution for businesses with employees working internationally. This new solution, underwritten out of London, Guernsey, Hong Kong and Singapore, has been designed to respond to …

XL Catlin Updates Active Assailant Cover to Include Use of Road Vehicles in Attack

XL Catlin announced it has updated the wording of its “Active Assailant” coverage to include the use of road vehicles in an attack. Stephen Ashwell, XL Catlin’s chief underwriting officer for Crisis Management, said: “The tragic events that took place …

Allianz Names XL Catlin’s Posner Senior Underwriter for Terrorism Insurance in North America

Allianz Global Corporate & Specialty (AGCS) reported that Adam Posner has been named senior underwriter for  Terrorism & Political Violence insurance. Posner will be based in New York and he will report directly to Marcos Garcia Norris, regional practice group …

Seven Corners Launches Kidnap & Ransom, Crisis Management Travel Coverages

International travel insurance and specialty benefit management company Seven Corners, Inc., has unveiled two new insurance products – Captum Kidnap and Ransom and Ally Crisis Management – for international travelers. Captum Kidnap and Ransom coverage is sold online and provides financial and crisis support for …

XL Catlin Names Huang as Asia U/W Manager, War, Terrorism & Political Violence

XL Catlin’s insurance operations announced that Carrie Huang has been promoted to the position of Asia underwriting manager for War, Terrorism and Political Violence. Based in Singapore, she will be responsible for developing XL Catlin’s War, Terrorism and Political Violence …

XL Catlin Appoints Guest as Country Manager Singapore – Insurance

XL Catlin’s insurance segment has appointed David Guest as country manager for Singapore. In this role, he is responsible for the development and growth of XL Catlin’s insurance business in Singapore, in addition to his current role as regional leader for crisis …