Reinsurance News
HSB
Munich Re’s HSB Managing Director Terry Dyson to retire in March
12th December 2025
HSB (UK & Ireland), a provider of engineering insurance and inspection services, has announced that Terry Dyson, the Managing Director, has decided to retire at the end of March 2026. Dyson has an insurance industry career spanning four decades. He joined HSB in 2019, eventually becoming the Commercial Director in 2022, ... Read the full article
HSB to protect small businesses with new cyber insurance & incident response solution
7th October 2025
HSB, a specialist engineering and technology insurer, has announced the launch of HSB CyberPro, a cyber insurance and incident response solution designed for micro and small businesses in the UK and Ireland with revenues of up to £10 million. Despite a rise in cyber security awareness among businesses, a recent HSB ... Read the full article
HSB (UK & Ireland) names Andrew Burke as CEO
8th September 2025
HSB (UK & Ireland), a provider of engineering insurance and inspection services, has appointed Andrew Burke as Chief Executive Officer, subject to regulatory approval. Burke has more than 30 years of experience in insurance and financial services. He was previously CEO of DAS UK Group, where he managed the company’s strategic ... Read the full article
Munich Re’s HSB and MGU Victor launch Contractors All Risks insurance in UK
22nd July 2025
Victor Insurance, a managing general underwriter in collaboration with HSB, a multi-line specialty insurer and part of the reinsurance giant Munich Re, have launched a new offering, Contractors All Risks (CAR) Insurance in the UK, targeting contractors and subcontractors with up to £20 million in annual revenue. Victor’s CAR insurance ... Read the full article
Munich Re Ventures closes $125m fund from HSB
21st May 2025
After a decade of investing in companies at the intersection of risk and technology, Munich Re Ventures (MRV), the venture capital arm of Munich Re Group, has closed its fifth fund of $125 million from its founding limited partner, HSB. The funding will be used to invest in Built World startups ... Read the full article
Personal cyber insurance protection gap growing: Triple-I and HSB
28th March 2025
Despite a large number of consumers being routinely victims of cybercrime, most of them do not have personal cyber insurance, according to a recent report by the Insurance Information Institute (Triple-I) and HSB. The Addressing the Personal Cyber Protection Gap report captures the results of their recent survey of insurance agents ... Read the full article
Munich Re’s HSB launches comprehensive cyber insurance solution for SMBs
2nd October 2024
HSB, a multi-line specialty insurer and part of the reinsurance giant Munich Re, has introduced HSB CyberPro™, a new cyber insurance option for commercial clients seeking comprehensive coverage against evolving cybersecurity risks. HSB CyberPro combines expert cyber claims service, active threat monitoring, and risk mitigation tools developed by HSB over nearly ... Read the full article
Munich Re’s HSB expands cyber offering as potential losses from the sector rise
11th September 2024
HSB, a multi-line specialty insurer and part of reinsurance giant Munich Re, has expanded its cyber insurance coverage with new protections for connected vehicles, cybercrime victims, digital wallets, and other emerging risks. HSB Home Cyber Protection offers a mix of innovative cyber coverages and services for online fraud, cyber extortion, home ... Read the full article
Munich Re’s HSB & WINT team up to provide holistic water protection
24th June 2024
HSB, a multi-line specialty insurer and part of reinsurance giant Munich Re, and WINT Water Intelligence, a provider of water management and leak-prevention solutions, have entered into a partnership to deliver holistic water protection. The partnership between the two firms combines WINT's AI-based water management solutions with HSB's expertise in internet ... Read the full article
Munich Re’s HSB unveils cyber insurance coverage for autos
26th March 2024
Seeing cars and trucks as likely targets for hackers and cyber thieves, specialty insurer HSB has introduced Cyber for Auto, a new coverage aimed at helping consumers respond to new exposures. According to HSB, passenger vehicles built after 2020, and many older models, have sensors, computers, and other connected technology, meaning ... Read the full article
HSB strengthens development team in the UK with trio of appointments
13th November 2023
HSB (UK and Ireland) has announced the strengthening of its UK Business Development team with the appointments of Sarah Purnell, Michael Farrugia and Lydia White. Sarah Purnell, who previously worked for the British Engineering Services, Zurich and Axa, has been appointed Business Development Manager for the East and West Midlands. Meanwhile, based ... Read the full article
HSB extends Cyberwrite partnership for AI-driven cyber insurance platform
27th June 2023
Specialty insurer HSB, part of Munich Re, has renewed its agreement with Cyberwrite for the use of its AI-driven cyber insurance platform, 4SEEN, as part of its ongoing strategy to better leverage data and technology in its cyber insurance underwriting and portfolio management. HSB has been using Cyberwrite since 2018 to ... Read the full article
Munich Re’s HSB names Niraj Shah as CUO for UK&I
26th January 2023
HSB, a specialist engineering and technology insurer and part of Munich Re, has announced the appointment of Niraj Shah as Chief Underwriting Officer (CUO) for the UK and Ireland. He will succeed outgoing CUO Stephen Morris who is set to retire in 2023. Based in London and reporting to HSB CEO Stephen ... Read the full article
Munich Re and HSB team up with Schneider Electric on risk innovation
9th December 2022
Specialty insurance and technology provider HSB, a US subsidiary of Munich Re, will expand its suite of risk management technologies and financial protections through a strategic agreement with Schneider Electric. The firm said in a statement that it and Schneider Electric will distribute their respective solutions and technologies to each other’s ... Read the full article
Munich Re’s HSB names Ian Fox UK Head of Sales
8th December 2022
HSB, a specialist engineering and technology insurer and part of Munich Re, has appointed Ian Fox as UK Head of Sales. Based in Manchester, Fox will be reporting to Paul Kay, Director of Sales and Distribution. He will lead HSB’s UK team of Regional Development Managers and their Business Development teams ... Read the full article
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