Court Up’holds’ Insurers’ Denial of $6M Crime Claim for Phishing Loss March 1, 2021 By Andrew G. Simpson Real estate software maker RealPage has been denied a $6 million computer crime insurance coverage claim because the stolen funds...
Beazley Forms Digital Business Unit to Transform Tech Strategy, Led by Fantozzi February 26, 2021 Specialist insurer Beazley has unveiled a new digital business unit to transform how the company develops, underwrites and delivers digital...
Insurtech Blink Launches Non-Damage Business Interruption Parametric Solution 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...
Beazley Expands Life Sciences Insurance Offering in UK September 28, 2020 Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy...
Bank of England Warns Private Insurers Need Government to Help Narrow Protection Gap September 23, 2020 By Benjamin Robertson and Lucca de Paoli The Bank of England has encouraged the government to work with UK insurers in preparation for future major shocks, rather...
Beazley Beefs Up Executive Risk Team in U.S. with 6 More Recruits September 22, 2020 Specialty insurer Beazley has expanded its underwriting and claims presence in the U.S. with new hires for its Executive Risk...
Beazley Restructures U.S. Executive Risk Leadership Team September 18, 2020 Beazley has restructured its Executive Risk leadership structure in the United States, which aims to support greater knowledge sharing and...
Beazley Builds in Midwest with 4 Cyber and Executive Risk Underwriters August 7, 2020 Specialist insurer Beazley has appointed four new underwriters within its Chicago, Ill.-based cyber and executive risk division. Jon Perry and...
Insurer Hiscox Reserves $232 Million for Coronavirus-Related Claims in First Half August 3, 2020 By Muvija M and Carolyn Cohn Hefty payouts for sports events and holidays canceled due to the coronovirus crisis helped send insurer Hiscox deep into the...
Lloyd’s Insurer Beazley Reports 1st Half Loss of $13.8M on Mounting COVID-19 Claims July 23, 2020 By Muvija M British insurer Beazley swung to a loss for the first half on Thursday after setting aside $170 million for coronavirus-related...