May 13, 2021
Colonial Pipeline has cyber insurance arranged by broker Aon, with Lloyd’s of London insurers AXA XL and Beazley among the underwriters, three sources told Reuters on Thursday. Colonial Pipeline has begun to restart the nation’s largest fuel pipeline network after …
March 17, 2021
With the sophistication of cyber attacks, claims growth, and now, a global pandemic driving an increasing number of businesses toward remote work, it’s no question the cyber insurance industry has had to evolve rapidly since its onset. However, Steve Robinson, …
March 11, 2021
Beazley has launched a directors’ and officers’ (D&O) product suite designed specifically for U.S.-domiciled special purpose acquisition companies (SPACs). Beazley’s new D&O products for SPACs offer dedicated coverage for either the individuals, or the entity and individuals combined from an …
March 3, 2021
Beazley Chief Executive Officer Andrew Horton is leaving to become the group chief executive officer of QBE Insurance Group Ltd. in Australia, the two companies announced. Horton will be succeeded in the role by Adrian Cox, the current chief underwriting …
March 1, 2021
Real estate software maker RealPage has been denied a $6 million computer crime insurance coverage claim because the stolen funds were not in its possession but were instead being held by a payment processing firm at the time of a …
February 26, 2021
Specialist insurer Beazley has unveiled a new digital business unit to transform how the company develops, underwrites and delivers digital insurance solutions for clients and brokers. Existing digital initiatives and platforms created to further Beazley’s digital capabilities will now be …
November 20, 2020
Irish insurtech Blink has launched a hurricane non-damage parametric insurance solution which provides liquidity to small and medium-sized businesses in the immediate aftermath of a natural disaster. Called “Blink Interruption,” the product aims to cut average business interruption claims processing …
September 28, 2020
Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy designed to protect the sector’s small and start-up research & development-focused organizations. This follows the UK launch of Beazley’s internationally …
September 23, 2020
The Bank of England has encouraged the government to work with UK insurers in preparation for future major shocks, rather than leave swathes of the economy exposed to catastrophic losses. The danger of a “protection gap” is emerging as firms …
September 22, 2020
Specialty insurer Beazley has expanded its underwriting and claims presence in the U.S. with new hires for its Executive Risk team that focuses on board-level risks facing businesses and their executives. Elizabeth Cassarino joins Beazley’s Boston team as an underwriter. …