Markets/Coverages: Marsh Expands Cyber Insurance Facility With $45M of Extra Capacity March 19, 2025 Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Cyber Echo Encore, an enhancement to its existing...
Markets/Coverages: Liberty Specialty Markets, Baobab Offer E-Crime Cover for SMEs March 11, 2025 Liberty Specialty Markets (LSM), a division of the US Liberty Mutual Group, and Baobab Insurance, a digital underwriter of technical...
Cyber Insurance Firm Coalition Gets $30M Equity Investment From Mitsui Sumitomo March 4, 2025 Global cyber insurance provider Coalition announced a new $30 million equity investment from Insurance Co., Ltd. (MSI), a member of...
Global Commercial Insurance Rates Drop in Q4 for 2nd Consecutive Quarter: Marsh February 5, 2025 By L.S. Howard Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024 –...
Markets/Coverages: DUAL Europe Launches Cyber Active Protect Solution January 28, 2025 DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive...
How Accountants Provide Frontline Defense Against Cybercrime December 16, 2024 Once considered to be simply “bean counters,” accountants now play an important role in the defence, investigation and protection against...
Cyber Specialty MGA Envelop Risk Extends Capacity Backing From MS Reinsurance December 11, 2024 Envelop Risk, the data-driven cyber reinsurance and analytics specialist, announced it has just completed a capacity agreement with MS Reinsurance...
Ransomware Gangs’ Merciless Attacks Bleed Small Companies Dry December 6, 2024 By Ryan Gallagher The black-and-white message flickering across computer screens sparked panic at Knights of Old, a 158-year-old UK delivery company: “If you’re...
InsureTrust Names Davis EVP, Based in Nashville November 26, 2024 InsureTrust, a cyber insurance and risk management broker within CRC Group and based in Norcross, Georgia, has named Brad Davis...
Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening November 22, 2024 By L.S. Howard Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk...