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The unit will be led by GRS insurance solutions president Liz Geary, until the appointment of a global head of cyber, who will report to her.
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Scott Bailey previously spent 12 years at CFC managing the technology and media division.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s news team runs you through the key highlights of the week.
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Cyber rates in excess layers saw decreases of mid-single digits to low double digits in the last quarter while primary layers remained flat or experienced low rate rises.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Backed by Coalition’s platform, CIC will begin quoting its admitted cyber products in some states starting March, with a national roll-out expected throughout 2023.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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It is understood that most of the cuts affected employees in the sales and marketing division.
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In tandem, Gregg Davis and Rob Glanville will join the cyber InsurTech as independent directors.
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InsurTech Cygnvs, eight months after closing its $55mn Series A funding round, has come out of stealth mode.
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As insurers grow more comfortable with retaining attritional cyber risk they are altering reinsurance placements.