AXIS Insurance announced the hiring of Andrew Maher as senior cyber underwriter. Maher joins AXIS from Markel in London, where he spent two years as a senior cyber underwriter. He began his career at Beazley, where he held several underwriting …
Insurance agents and brokers who market themselves as experts in cannabis or cyber could wind up regretting that positioning. Because both are relatively new exposures subject to changing regulations and coverages, producers marketing themselves as experts could face scrutiny, lawsuits …
A poll of small and medium-sized enterprises (SMEs) and micro businesses in the UK shows over half are confused by or even unaware of the rules around the EU’s General Data Protection Regulation (GDPR), while more than eight out of …
AXIS Insurance said it is merging its U.S. Cyber, Technology, Media and Miscellaneous Professional Liability businesses into one major division to better address “borderless risks.” Dan Trueman has been appointed as global head of the division, dubbed the Global Cyber …
In response to cyber and digital risk being identified as the top concern facing airports today¹, Willis Towers Watson has introduced CyFly for Airports, an insurance solution specifically tailored to cover cyber exposures affecting airports around the globe. CyFly is …
Jeff Norton has been appointed to the role of senior vice president, Cyber & Technology, for Brit Global Specialty USA. He will be responsible for leading and growing BGSU’s cyber and technology team. Norton brings a range of underwriting experience …
While there are some issues with the data, virtually every report shows the cyber insurance market growing. Aon Benfield had it growing 37 percent last year to $1.8 billion. It’s profitable and the loss ratio is in the 30s or …
Generali has launched a new Cyber Insurance function and the formation of a cyber security company. The Cyber Insurance function will combine a range of cyber insurance solutions with the support of a technology start-up, CyberSecurTech, which is wholly owned …
Autonomous ships could offer significant growth potential for the London market, according to the findings of a survey conducted by the International Underwriting Association (IUA). Indeed, 25 percent of IUA members who responded to the survey stated they are considering …
KOVRR, a provider of predictive modeling for cyber insurance, announced a silent and affirmative cyber risk product. The new product enables insurance and reinsurance carriers to identify uncalculated capital at risk and quantify policy clauses that may leave them liable …
