You searched for cyber - Page 142 of 271

Cowbell reports successful first year in the UK with triple-digit growth

10th October 2024

Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has reported significant growth as it marks the first anniversary of its expansion into the UK. From January to June 2024 alone, Cowbell's results show continued success in the region, highlighted by a threefold increase in premiums, policies, and producers: ... Read the full article

WTW report highlights stability in North American commercial insurance rates

9th October 2024

According to the latest Insurance Marketplace Realities report from WTW, an advisory, broking, and solutions firm, commercial insurance rates have maintained steadiness and balance throughout the year across North America. WTW notes that new capital entering both the reinsurance and retail markets has intensified competition for premium market share, except in ... Read the full article

Sasria considers expanding coverage to include natural disasters and climate risks

8th October 2024

The SA Special Risk Insurance Association (Sasria) is exploring the expansion of its coverage options to include climate, severe weather, as well as cyber risks. Sasria is a state-owned non-life insurer that provides special risk cover - including civil commotion, public disorder, strikes, riots and terrorism - to all individuals and ... Read the full article

FTI Consulting expands Global Insurance Services with Maria Filipakis as Senior Managing Director

7th October 2024

FTI Consulting, Inc., a business advisory firm, has announced the expansion of its Global Insurance Services practice with the appointment of Maria Filipakis as a Senior Managing Director in the company’s Forensic and Litigation Consulting segment. Filipakis, based in New York, brings extensive expertise across the insurance, cryptocurrency, cybersecurity, and financial ... Read the full article

BHSI strengthens presence in DACH region with new Hamburg office & key hires

7th October 2024

Berkshire Hathaway Specialty Insurance (BHSI) has opened an office in Hamburg, naming Thomas Pache to lead its newly launched PI and Cyber Insurance lines in the DACH region, and Kim Schumacher as Senior Property Underwriter. A executive with more than three decades of industry experience, Pache will focus on delivering comprehensive ... Read the full article

HDI US expands executive leadership team with Syed appointment as CITO

4th October 2024

HDI Global Insurance Company, the US subsidiary of international commercial insurer, HDI Global SE (HDI) has announced the appointment of Kashif Syed as Chief Information and Transformation Officer (CITO), a newly developed role. Kashif has been tasked with leading the strategy and direction of HDI’s business transformation US technology operations, infrastructure, ... Read the full article

AIG’s Simonsen joins Coalition as European Head of Insurance

3rd October 2024

Coalition, an active insurer focused on preventing digital risks, has appointed Tine Simonsen as its Head of Insurance for Continental Europe. Simonsen has nearly 14 years of experience as a specialist within the Financial Lines & Cyber Insurance segments, focusing on products such as Cyber Insurance, D&O Insurance, and Professional Indemnity. In ... Read the full article

OneDegree Group reaches first operating profit in Q3 2024

3rd October 2024

OneDegree Group, a provider of cybersecurity and insurance solutions, has reached its first operating profit in the third quarter of 2024, marking a significant milestone for both the group and its insurance division. The company’s success can be attributed to the scale and profitability of its two flagship products: digital asset ... Read the full article

Francesca Harland to lead Mosaic’s Global Professional Liability

2nd October 2024

Specialty insurer Mosaic Insurance has appointed Francesca Harland as its Global Head of Professional Liability, replacing Anna Jay, who was named the company’s new Active Underwriter, Syndicate 1609, in July. According to the announcement, these appointments were part of a restructuring of the underwriting and operational teams to drive Mosaic’s vital ... Read the full article

CMC partners with Parametrix to assess cloud outage impacts on UK businesses

2nd October 2024

The Cyber Monitoring Centre (CMC) has partnered with Parametrix Analytics, a newly established provider of cloud risk analytics services, to examine cloud exposure and the effects of cloud outages on UK organisations. An initial project is underway to assess how dependent UK organisations are on cloud infrastructure. This project examines ... Read the full article

MGA and fronting re/insurer Trigger Parametric launches

2nd October 2024

Trigger Parametric, a new parametric underwriter has been launched with the aim to model, structure, and place parametric cover for natural and man-made perils globally. A UK entity, Trigger Parametric intends to operate as both a managing general agent (MGA) and as a fronting re/insurer underwriting global parametric risks. Raveem Ismail, William ... Read the full article

Jefferies predicts strong growth in ILS market, doubling to $200bn 2032

1st October 2024

Jefferies, a global investment banking firm, forecasts a significant rebound in the Insurance-Linked Securities (ILS) market, with CAT bond issuance expected to grow in 2023-2024 and expand into other ILS vehicles by 2025. The firm anticipates the ILS market could double from approximately $100 billion to $200 billion by 2032. This growth ... Read the full article

LCP reveals 198% own funds ratio amid evolving market risks in insurance sector

1st October 2024

LCP (Lane Clark & Peacock), a consultancy firm specialising in actuarial, investment, and insurance services, has reported another robust financial year for the insurance market, despite the challenges posed by increasing risks. Their eighth annual review of Solvency II, which examines data from 100 of the largest non-life insurers in the ... Read the full article

Pagliarulo to lead Cowbell’s finance team, Biderman appointed General Counsel

1st October 2024

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has appointed Denise Pagliarulo to lead its finance team. In her new role, Pagliarulo will be overseeing global finance operations as the company enters a period of growth with new products, services, and geographies. The company has ... Read the full article

Beazley appoints Bantick CUO, Greenwood named Beazley Furlonge Limited CEO

1st October 2024

Specialty insurer Beazley has appointed Paul Bantick as Chief Underwriting Officer (CUO), effective immediately, and Bethany Greenwood as Chief Executive Officer (CEO) of Beazley Furlonge Limited, the company’s Lloyd’s managing agency, subject to regulatory approval. Bantick is taking over the CUO role from Bob Quane, who is to retire. While the ... Read the full article