Since the beginning of the COVID-19 pandemic, small businesses have quickly adopted remote working and transitioned to new technologies, such as contactless payments and online ordering. Unfortunately, these adjustments have come with increased risks. According to a 2022 report from …
InsuredMine and HawkSoft Integrate Agency Sales and Management Insurance agency sales automation software firm InsuredMine and agency management technology firm HawkSoft have released two-way API integration between their platforms. Agencies that use InsuredMine’s customer relationship management platform in conjunction with …
Global commercial insurance prices rose 11% in the first quarter of 2022, marking the fifth consecutive reduction in rate increases since pricing peaked at 22% in the fourth quarter of 2020, according to the Global Insurance Market Index published by …
Pittsburgh’s Henderson Brothers Promotes Two Veterans for New Roles Greater Pittsburg insurance agency Henderson Brothers announced two promotions to its professional staff. Thomas Philbin, director of Commercial Lines, has been named director of Mergers and Acquisitions and director of Strategic …
According to estimates by Fitch Ratings, direct written premiums (DWP) for standalone and packaged cyber insurance increased 74% to nearly $5 billion in 2021 compared with overall growth for the property casualty industry of 9%, making cyber insurance the fastest …
This edition of International People Moves details appointments at QBE Re in the U.S., specialist broker MNK Re Group and MGA CFC Underwriting. A summary of these new hires follows here. QBE Re Names Barber Head of U.S. Treaty, Succeeding …
This edition of International People Moves details appointments at re/insurers Beazley and RenaissanceRe Holdings, as well as insurance broker Miller. A summary of these new hires follows here. Beazley Appoints New Head of Cyber Services – International Specialist insurer Beazley …
Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to get them off the hook for war, industry sources say. Following the Feb. 24 attack on Ukraine and Western sanctions …
Falvey Cargo Underwriting Offers Cyber for Cargo Falvey Cargo Underwriting announced its latest product offering, Cyber for Cargo, to help address broad cyber exclusions that apply to nearly all cargo insurance policies. The coverage protects against physical loss or damage …
Mosaic Insurance is building a cyber-security underwriting unit in Bermuda, to align its global business strategy around the fast-growing risk. The specialty insurer has transferred its cyber team underwriter George Cole from London to the company’s Bermuda corporate headquarters, following …
