Beazley’s H1 Profits Drop but Full-Year Outlook Rises on Cyber Premium Growth July 22, 2022 Lloyd’s of London insurer Beazley on Friday reported first-half profits fell on hits to its investment portfolio from market volatility,...
Travelers Wants Out of Contract With Insured That Allegedly Misrepresented MFA Use July 12, 2022 By Chad Hemenway In what may be one of the first court filings of its kind, insurer Travelers is asking a district court...
Markets/Coverages: Lloyd’s Insurer Probitas Starts Underwriting Cyber July 7, 2022 Probitas 1492, the Lloyd’s insurer, has started underwriting cyber insurance with Richard Taylor, head of Cyber & Technology, focusing the...
‘It’s Not Been Fun’: Cyber Insurance Brokers Seek Consistency as Hard Market Settles June 29, 2022 By Chad Hemenway Alexandra Bretschneider said it feels like she has been a part-time grim reaper the last two years. The cyber practice...
Captives, MGAs, MGUs Contribute to Growing Cyber Insurance Market June 21, 2022 By Chad Hemenway The hard market for cyber insurance, which is expected to continue for “some time,” and a lack of capacity has...
Markets/Coverages: NJM Expands ProPack Into 3 States; Frederick Mutual Enhances Cyber Policy for Home, Business June 21, 2022 NJM Offers ProPack Commercial Package Policy in More Mid-Atlantic States NJM Insurance Group is now writing commercial package policies in...
Cyber Continues as Outlier in Otherwise Stabilizing Commercial P/C Market: USI June 6, 2022 By Chad Hemenway A mid-year update on the commercial property/casualty market from USI Insurance Services is the latest to report rate stabilization in...
Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB May 31, 2022 By Chad Hemenway According to The Council of Insurance Agents & Brokers’ (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be...
Cyber-Hygiene Confidence Low but Insurance Is Making an Impact: Survey May 27, 2022 Nearly three quarters of global cyber-risk decision markers recently surveyed said their company experienced at least one cyberattack in the...
WTW Launches Cyber Coverage for Ports and Terminals May 24, 2022 Insurance broker WTW has launched specialist cyber coverage for ports and terminals, called CyNav. Designed to address the specific cyber...