-
There are “massive concentrations of risk”, one panellist at Insider US warned. -
She is set to lead the company’s US growth strategy as it expands into the admitted lines cyber market.
-
Perkins arrives at the carrier after working at Lockton for five years.
-
Within specialty, political risk is the sole line tipped for increased premiums.
-
The carrier has yet to find evidence that the incident affected its network.
-
Kara Owens said investors’ understanding of cyber insurance has evolved.
-
Acrew Capital led the round, with Munich Re Ventures also participating.
-
New York State is reviewing two bills that would ban US municipalities from making ransomware payments.
-
Elizabeth Benet has a long career in specialty lines underwriting.
-
The deal is expected to help the broking giant expand its cyber coverage options as hack-related claims increase.
-
First-party claims account for most of the payout, with further third-party claims from the 2019 breach still to come.
-
The California-based company will target cyber business in 15 US states.
