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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
The MGA’s gross written premium now surpasses $650mn.
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The executive joins Lockton after almost 16 years working at AIG, where until recently she served as North America head of cyber.
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Roger Francis will lead a team of incident responders and cyber security specialists across the US, London and Australia.
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Losses from comprised business email accounts leaped 28% to $2.4bn last year, as work-related attacks remained by far the costliest type of cybercrime reported to the FBI.
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The appointment will be essential in digitizing broad distribution networks, refining risk assessment models and increasing underwriting innovation.
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The executive will lead the modeling of attritional and catastrophe exposures at At-Bay and create the first aggregation risk view.
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Inside P&C’s news team runs you through the key developments from the week.
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The insurer has transferred cyber underwriter George Cole from London to its Bermuda HQ.
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CEO Jack Kudale said his company was likely to transition to full-stack carrier by January 2023.
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The executive will oversee the cyber-MGA’s long-term strategy and scaling operations.
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Aon took a top five spot in the independent magazine’s list of the top 10 most innovative finance companies.
