CFC, the London-based managing general agent that specializes in emerging risks, announced it has expanded its cyber insurance product to include business interruption as well as a variety of cyber-crime activities. With CFC’s new cyber insurance product, businesses will benefit …
Argo Group International Holdings Ltd., the Bermuda-based specialty insurer and reinsurer, announced the renewal of Harambee Re Ltd. as Argo Group’s sidecar reinsurer for 2019. Launched in 2013, the sidecar continues Argo Group’s successful track record of building relationships with …
Neon announced it successfully has raised third party capital to support its second insurance linked securities (ILS) transaction through its UK-based transformer vehicle, NCM Re. This marks the first reinsurance renewal under the UK’s nascent regulatory regime for alternative capital …
CorPro Underwriting Managers has expanded its availability of several new key coverage enhancements under the Private Edge Plus and Not-for-Profit Risk Protector products (directors and officers, employment practices, fiduciary and crime insurance coverages) offered to SME businesses on a national …
Allianz Global Corporate & Specialty (AGCS), and Praedicat, an insurtech analytics company based in Los Angeles, have expanded their partnership to provide access to ChemMeta, Praedicat’s software product delivering science and regulatory risk analytics for industrial companies. ChemMeta allows both …
Specialist fintech insurance broker Protean Risk, a, has launched a new insurance product designed to target key operational risks impacting the financial technology sector – broadly categorized as theft, fraud, negligence, data compromise, and cyber-attacks. The coverage, currently only available …
Marsh has launched a next-generation online cyber self-assessment tool. The tool incorporates the latest insights on cybersecurity best practices to provide clients cybersecurity program diagnostic and serve as a single application for cyber insurance. The enhanced cyber assessment uses information …
Singapore-based EF Marine announced a managing general agent (MGA) agreement with Swiss Re Corporate Solutions, effective Jan. 1, 2019. The alliance between Swiss Re Corporate Solutions and EF Marine will support small and medium-sized shipowners, charterers and multimodal operators globally …
Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Hiscox Global Flying (HGF) via an asset purchase into Millstream Underwriting Ltd., a Nexus Group company that specializes in accident & health and travel insurance. HGF …
Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor they claim is deterring large fund managers from investing in a nascent market yet to be embraced by regulators. Getting …
