Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary? May 9, 2023 By L.S. Howard The rollout of the Lloyd’s cyber war exclusions has received considerable criticism for the chaos and confusion caused in the...
Markets/Coverages: Beazley Updates Primary U.S. Public D&O Offering April 3, 2023 Specialist insurer Beazley has announced a refreshed Primary U.S. Public D&O wording, available both in the London Market and on...
Insurers to Pay Bangladesh Shipping Corp. $22.48M for Vessel Hit by Missile in Ukraine March 1, 2023 By Ruma Paul and Jonathan Saul Insurers are about to pay state-owned Bangladesh Shipping Corp. (BSC) $22.48 million for its vessel that was hit by a...
Markets/Coverages: Beazley Launches Private Equity Liability Product for Portfolio Firms February 16, 2023 Specialist insurer Beazley has launched a new private equity liability insurance product, designed to focus on the inherent directors and...
Fraudulent Instruction, Data Theft Trends to Continue in 2023: Beazley February 9, 2023 Incidents of fraudulent instruction scams were up 13% in 2022, according to specialist insurer Beazley’s new Cyber Services Snapshot report....
Beazley Launches Global Re/insurance Market’s First Cyber Catastrophe Bond January 9, 2023 Specialist insurer Beazley has launched the global insurance market’s first cyber catastrophe bond. The $45 million bond gives Beazley indemnity...
Business Leaders Overconfident About Cyber Threats: Beazley October 21, 2022 Cyber remains a top concern, but business leaders may be overconfident about their resilience against the threat, according to new...
People Moves: Arch Ins. Int’l Names Lockton’s Stallard as Cargo U/W; Beazley Hires van Ommeren as Financial Lines U/W; Aon Reinsurance Taps Sompo’s Shedden for Analytics October 6, 2022 This edition of International People Moves details appointments at Arch Insurance International, Beazley, and Aon Reinsurance Solutions. A summary of...
Markets/Coverages: Beazley, Paragon Partner on Weather Guard; Praedicat, Experian Collaborate on D&O Models; Armadillo Expands With 100 Agencies September 1, 2022 Beazley to enter distribution partnership with Paragon for Weather Guard Specialty insurer Beazley announced a new, efficient and effective online...
Beazley’s Smart Tracker Syndicate 5623 Gets Lloyd’s ‘In Principle’ Approval August 17, 2022 Beazley has been granted “in principle” approval from Lloyd’s to transition its Smart Tracker Special Purpose Arrangement (SPA) 5623 to...