Firms Turn to Kidnap Insurance Policies to Cover Ransomware Losses May 19, 2017 By Suzanne Barlyn and Carolyn Cohn Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup...
PERILS Releases European Windstorm Catalogue (1979-2015) May 18, 2017 PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has released a storm catalogue containing the gust footprints...
Sompo Develops Nat Cat Model for NW Australia Offshore Oil & Gas Installations May 17, 2017 Sompo Japan Nipponkoa Insurance Inc. (SJNKI) and Sompo Canopius AG are launching a natural catastrophe risk model for north-west Australia...
The Hartford Launches Risk Management Platform For Large, Midsize Businesses May 17, 2017 The Hartford has released a new risk management information system (RMIS) to address the evolving data needs of its largest...
BHSI Launches Casualty Platform; Leeks Named Head of Casualty, UK & S. Europe May 16, 2017 Berkshire Hathaway Specialty Insurance (BHSI) is introducing public and products liability insurance in the UK, Ireland and Southern Europe, and...
TMK Offers Construction Insurance in UK, Ireland via Online Broker Portal May 12, 2017 Tokio Marine Kiln (TMK), the international specialist insurance business, has added construction to its One TMK broker portal. The tailor-made...
Allianz Global Corporate & Specialty Partners with Insurtech Firm to ID Liability Risks May 11, 2017 Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz SE, is working with Praedicat, the Los...
Everest Launches Cyber Protection for Private Equity Firms, Portfolio Companies May 10, 2017 Everest Insurance has collaborated with cybersecurity firm, Soteria, LLC, and its group of former U.S. government cyber security experts, in...
London-Based MGA Nexus Offers Cyber Insurance in Partnership with Beazley May 10, 2017 Nexus Group, the London-based independent specialty managing general agent (MGA), has formed a partnership with Beazley to provide cyber insurance...
High-Profile Cyber Attacks Drive Growth of Cyber Crime Insurance May 10, 2017 By Oliver Suess For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping...