Financial, Reputational Costs of Cyber Attacks Can Ruin Small, Medium Firms: Chubb February 22, 2019 The average price tag for a business to recover after a cyber attack is $400,000, which can be fatal for...
Arch Capital Group Names Englesbe as Chief Risk Officer February 22, 2019 Arch Capital Group Ltd. announced that Janice Englesbe will join the company as senior vice president, chief risk officer (CRO)...
Lloyd’s Chairman Carnegie-Brown Reflects on Life of Former Chairman Rowland February 21, 2019 Bruce Carnegie-Brown, chairman of Lloyd’s, issued this market bulletin on Feb. 18, 2019 about the life and death of Sir...
Private Equity Firm GTCR Returns to Take Majority Stake in AssuredPartners February 21, 2019 Apax VIII, a fund advised by Apax Partners, has agreed to sell its entire stake in AssuredPartners, a growing U.S....
Built on Organic Growth, S. African Insurer Discovery Now Weighs M&As February 21, 2019 South African insurer Discovery could expand through acquisitions in the future but must first work out how its innovative fluctuating...
AM Best Removes from Under Review, Downgrades Ratings for American Sentinel February 21, 2019 AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to B++ (Good) from...
Family of Massachusetts Woman Killed by Manhole Cover Files Lawsuit February 21, 2019 The family of a Massachusetts woman killed on her way to work when a 200-pound manhole cover flew up and...
Vermont Gets More Than $2M in Amtrak Rail Safety Grants February 21, 2019 The Vermont Agency of Transportation is getting more than $2 million for safety upgrades along the route of the Amtrak...
‘Sextortion’ Is Emerging Cyber Risk for Businesses, Warns Beazley February 21, 2019 A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially...
Global Broking Network Brokerslink Appoints Gavriel as European Regional Manager February 21, 2019 Global broking network Brokerslink has appointed Christos Gavriel to the role of regional manager for Europe. Gavriel has a strong...