The ACE European Group has appointed Iain Ainslie to the role of Technology and Cyber Liability Underwriter. ACE said the appointment underscores its “commitment to enhancing its service offering and presence in this sector.” Ainslie will be based in London …
Jeff Ward, a director of London Market reform technology specialists TriSystems, and his colleagues have been busy lately. They’ve been working on the latest version of an electronic communications service for London’s brokers. With the official launch planned for Fenruary …
A federal judge in Kentucky has given preliminary approval to a settlement between Countrywide Financial Corp., and millions of customers whose detailed financial information was exposed in a security breach. Under the terms of the settlement, Countrywide, now owned by …
How Adam DeGraide, a rock ‘n roll bass player and band promoter who founded Astonish Results, plans to transport independent insurance agents into marketing cyberspace with his own digital elixir. Will agents drink the Kool-Aid? We come on down on …
Business Risk Partners (BRP), based in Windsor, Conn., now offers general liability (GL) coverage to technology firms that purchase errors and omissions (E&O) policies. Coverage is underwritten by Lloyds of London. “Today a service firm without GL and E&O coverage …
Those behind the sophisticated computer software in Mississippi and elsewhere that tracks down child predators on the Internet are now targeting people who illegally download music and movies. “The good guys are ahead when it comes to tracking down child …
Maine’s supreme court may have the final say over whether victims of the Hannaford supermarket chain’s data breach can sue for damages. A federal judge who’s considering a class-action lawsuit asked the Maine Supreme Judicial Court whether consumers who’ve been …
Lloyd’s and international insurer Beazley announced that underwriters placing business for the company now have access to the Lloyd’s Exchange. The processing system will enable them to “undertake electronic placing, endorsements and other market initiatives,” said the bulletin, adding that …
Bermuda’s XL Capital Ltd. has appointed W. Myron Hendry to the newly created position of Chief Platform Officer, based in Stamford Conn. He will join XL on December 1 and will be responsible for all operational IT support of XL’s …
The three largest global insurance brokers – Aon, Marsh and Willis – have given their support to a key stage in further modernizing the Lloyd’s market by agreeing to pilot the Exchange for endorsements using the latest agreed version of …
