Insurance Office of America Names 6 Regional Executives Insurance Office of America (IOA) is pleased to announce the appointment of six regional presidents to its leadership team. The appointees to regional president include: Nathan Brainard – Central Florida Region Michael …
Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility and higher energy prices, Moody’s Investors Services said last week. In a research report released prior to yesterday’s news of …
Warnings that pro-Russian ransomware gangs would snarl networks in Ukraine and its allies have so far failed to materialize amid disarray among the criminal underworld often behind such attacks and fears insurers would not pay out. Conti, one of the …
Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make it larger than the property catastrophe market by 2040, said Gallagher Re. In fact, if the cyber market continues to …
WTW Partners With Falvey Cargo Underwriting for Affirmative Cargo Cyber Coverage Insurance broker Willis Towers Watson is partnering with Falvey Cargo Underwriting on an affirmative cyber coverage product for cargo and stock throughput risks. WTW said the new product recognizes …
The cybersecurity and insurance industries have been talking about prioritizing diversity, equity and inclusion for a while, but Larry Whiteside, co-founder and president of Cyversity, says conversations aren’t enough. “I will never forget the first time that I sat on …
President Joe Biden couldn’t have been more blunt about the risks of cyberattacks spinning out of control. “If we end up in a war, a real shooting war with a major power, it’s going to be as a consequence of …
Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to resolve payment disputes among themselves, according to a new report by the United States, Australia and the United Kingdom that …
UK insurer Beazley Plc returned to profit last year, helped by what it sees as “encouraging” trends in the cyber market. With ransomware attacks becoming more prevalent, the company sees still more opportunity in a market where some peers fear …
This edition of International People Moves details appointments at Liberty Specialty Markets, HDI Global and CFC Underwriting. A summary of these new hires follows here. Liberty Financial Risk Solutions Promotes 2, Hires Political Risk Underwriter Liberty Specialty Markets (LSM), part …
