Tom Ridge News

Risk Cooperative Becomes Lloyd’s Coverholder for Cyber Insurance Facility

Risk Cooperative, a specialized insurance and risk advisory firm, has been approved as a Lloyd’s coverholder giving it the ability to provide up to $10 million in stand-alone cyber insurance coverage. Risk Cooperative can now offer middle market customers and …

Blockchain Firm Bitfury Teams with Insurance Broker Risk Cooperative

Blockhain technology company The Bitfury Group said it is partnering with the Washington, D.C. insurance advisory and brokerage firm Risk Cooperative to pioneer blockchain applications in the $60 billion insurance intermediation market. The Bitfury Risk Cooperative partnership seeks to leverage …

Former U.S. Security Specialist’s MGA Ridge Global Tackling Cyber Risks

It may be surprising to some that a former governor and head of National Security started an insurance company focused on cyber risk, but Tom Ridge, president and CEO of Ridge Global says it shouldn’t be. “While the world is …

Scott, Baskam Join Ridge Insurance

Insurance industry veterans Adrian Scott and John Baskam have joined Ridge Insurance Solutions, the managing agency started by Tom Ridge, former Pennsylvania governor and ex-secretary of Homeland Security. Scott joins as executive vice president and chief underwriting officer and Baskam …

Ex-U.S. Security Chief Ridge, Guy Carpenter, Lloyd’s Launch Cyber Policy

Reinsurance specialist Guy Carpenter & Co. is launching a new cyber privacy and network protection product with Ridge Insurance Solutions Co., a new Lloyd’s managing agency led by Tom Ridge, former U.S. secretary of Homeland Security and Pennsylvania governor, as …