Technology, Internet News

BRP to Offer LIU Data Breach/Privacy Products

Business Risk Partners (BRP) is now offering E&O with built-in data breach/privacy coverage for tech service providers, including website designers and engineers, software developers, and emerging tech firms. Additionally, for small and middle market companies nationwide, BRP is offering stand-alone …

Allianz Global, ACTIVE Network Launch Race Registration Insurance

Roughly 15% of race registrants never even make it to the starting line1. ACTIVE Network, a cloud-based Activity and Participant Management company (APM), and Allianz Global Assistance USA, a provider of consumer specialty insurance, are partnering to provide event organizers …

Berkley Technology Underwriters to Offer International Coverage Through Lloyd’s

Berkley Technology Underwriters, LLC, a Minneapolis-based global technology underwriter, has been accredited as a Coverholder on behalf of Lloyd’s of London. As a Coverholder, Berkley Technology Underwriters is able to secure locally accepted insurance coverage around the world for its …

Berkley Technology to Cover U.S. Tech Business through Lloyd’s

Berkley Technology Underwriters, LLC, a Minneapolis-based global technology underwriter and part of the W.R. Berkley Group, announced that it has “been accredited as a Coverholder on behalf of Lloyd’s of London. As a Coverholder, Berkley Technology Underwriters is able to …

Markel Updates IT Professional Policy

Markel has launched a revamped IT professional policy, with a complete overhaul of the existing form. In addition to basic professional liability, the policy now includes configurable first and third party data privacy and security coverage, general liability and media …

Catlin Sponsors Demonstration of ‘Touch Table’ Technology

London-based Catlin Underwriting Agencies Limited, a unit of Catlin Group Limited, announced that it is studying how technological innovations could improve service to brokers and clients in the Lloyd’s market. As part of the project Catlin recently hosted an interactive …

Aon Benfield Launches Updated Financial Analysis Tool – ReMetrica v6

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, announced the launch of version 6 of ReMetrica – its dynamic financial analysis tool. The bulletin said it would “reduce model size by up to 95 percent, when …

Re/insurers Increasingly Less Relevant to Global Economy: XL CEO McGavick

XL’s CEO Mike McGavick doesn’t mince words when it comes to looking at the big, and not very pretty, picture of the state of the re/insurance industry. Address emerging risks, innovate, create new products and provide potential insurance buyers with …

Gibaltar Group Adds Baker as VP of Information Security

The Gibraltar Group, a risk and insurance advisory firm based in Lubbock, Texas, announced it has appointed Dr. Bruce Baker as vice president of Information Security, and expanded its risk and loss management RiskIMPACT process to include NetworkGUARD. Cybercrime accounts …

Willis Warns Directors D&O Policies May Not Cover Some Cyber Risks

Willis Group Holdings latest Executive Risks Boardroom Guide warns that, as the online universe expands it has “introduced new financial risks that may not be covered under general and professional liability insurance, including standard directors’ and officers’ (D&O) policies. “As …