Mosaic Creates Cyber Underwriting Hub in Bermuda March 18, 2022 Mosaic Insurance is building a cyber-security underwriting unit in Bermuda, to align its global business strategy around the fast-growing risk....
People Moves: IOA Names 6 Regional Execs; DeFelice Heads Aon’s U.S. Construction; Stephens Named Cyber Leader at Allianz March 15, 2022 Insurance Office of America Names 6 Regional Executives Insurance Office of America (IOA) is pleased to announce the appointment of...
Russia’s Invasion of Ukraine to Spur More Claims Inflation: Moody’s March 10, 2022 Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility...
Analysis: Russian Ransomware Attacks on Ukraine Muted by Leaks, Insurance Exclusion March 2, 2022 By James Pearson and Raphael Satter Warnings that pro-Russian ransomware gangs would snarl networks in Ukraine and its allies have so far failed to materialize amid...
Cyber Market Primed to Grow and Eclipse Property by 2040: Gallagher Re February 23, 2022 By Chad Hemenway Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make...
Markets/Coverages: WTW Partners With Falvey Cargo on Cyber; Boost and Breach Offer Crypto Wallet Cover; Umbrella From Distinguished Programs Serves Real Estate, Community Associations February 16, 2022 WTW Partners With Falvey Cargo Underwriting for Affirmative Cargo Cyber Coverage Insurance broker Willis Towers Watson is partnering with Falvey...
More Than a Conversation: Building Diversity Means Taking Action February 16, 2022 By Elizabeth Blosfield The cybersecurity and insurance industries have been talking about prioritizing diversity, equity and inclusion for a while, but Larry Whiteside,...
Tripwire for Real War? Cyber’s ‘Fuzzy’ Rules of Engagement February 16, 2022 By Frank Bajak President Joe Biden couldn’t have been more blunt about the risks of cyberattacks spinning out of control. “If we end...
Gangs Now Arbitrate Payment Disputes as Ransomware Growth Continues February 14, 2022 By Alan Suderman Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to...
UK Insurer Beazley Sees Opportunity (and Risk) in Cyber Market February 10, 2022 By Ryan Hesketh UK insurer Beazley Plc returned to profit last year, helped by what it sees as “encouraging” trends in the cyber...