Cyber
Ardonagh’s hat trick of purchases; Hiscox and IS2 partner; Howden sponsors the Lions
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Big Interview: ABI’s Mervyn Skeet
In his first big interview since being appointed director of general insurance policy at the Association of British Insurers, Mervyn Skeet speaks to Scott McGee about the reinsurance scheme for high-risk buildings and closing expectation and protection…
Qover partners with Zurich; Keoghs takes team from Plexus; Allianz appoints CIO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Intangic boss calls MGAs the R&D of cyber insurance
The managing general agent model allows the insurance industry to more easily draw on cybersecurity expertise from outside the sector, according to Intangic CEO Ryan Dodd.
WTW collabs with Clyde and Co; Canopius unveils cyber team; Hiscox appoints CIO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurers told to embrace disruption rather than dabble in it
Insurers have been told by Spain’s biggest insurer to go for transformation at scale by overhauling their core business and processes, rather than dabbling in just a few systems and products.
Ferma calls for governments to help resolve cyber market issues
The Federation of European Risk Management Associations has called on public authorities to aid in resolving thorny issues facing the cyber insurance market.
Big Interview: Aon and Biba’s Jane Kielty
Jane Kielty, head of commercial risk at Aon and deputy chair of the British Insurance Brokers’ Association, catches up with Scott McGee about her view on the future of commercial insurance, and how being ejected from her previous career got her thinking…
Qover and Revolut partner; Marsh to aid Ukraine; AIG appoints CFO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Commercial renewals leave businesses open to cyber attacks
Current industry practices around commercial insurance renewals leave businesses vulnerable to cyber attacks, the founders of an industry-backed data sharing platform have said.
RSA poised to launch partnership with cyber MGA Resilience
RSA is preparing to launch a cyber proposition with US-based managing general agent Resilience, the insurer’s UK specialty boss has said.
Davies to face no regulatory action over cyber attack
The Financial Conduct Authority and Information Commissioner’s Office won’t be taking action against Davies Group following last summer’s cyber attack.
Aon hit by Russian MOVEit data hack
Insurance Post can reveal that Aon has been caught up in the MOVEit data hack, which has embroiled a number of major corporations.
Cyber insurance claims trends revealed
Data analysis: Claims statistics from cyber insurer Resilience shows transfer fraud and vendor data breach are far greater causes of loss than ransomware.
Jensten and Hiscox partner; Aston Lark buys HNW book; Axa XL appoints reinsurance CEO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Media risks in the digital age
Analysis: David Worsfold examines the implications of the Online Safety Bill for insurers of content creators, publishers, website hosts and social media platforms.
Zurich and Core Logic partner; Marshmallow secures extra funding; Lloyd’s appoints CUO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Arc Legal considers expansion into new lines
Arc Legal bosses reveal plans to provide total ancillary insurance cover as celebrates 20 years of operation.
View from the top: Aon’s Walia on making better decisions in uncertain times
Elisha Walia, UK chief of staff and director of UK public affairs at Aon, outlines the chronic risks that businesses need to face up to if they are to thrive in the years ahead.
Insurance Post Podcast: Raising the bar for cyber cover
Cyber insurers can’t rely on understanding the risks that were faced by businesses in the past to underwrite the right level of cover for the future, according to Aviva’s head of cyber Stephen Ridley.
Could technology cause more to self-insure?
Edmund Tirbutt examines how the centuries-old insurance sector is using technology to shift from handling claims to focus on changing customer behaviour to reduce their risks.
Consilium to build specialism division around new hire
Paul Richards, co-chief executive of broker Consilium, shared his plans to build a new cyber, tech and fintech division around Elmore Insurance Broker founder Tom Abbotts.
Cyber insurance market set to double in size
The global cyber insurance market is forecast to grow from $16.7bn (£13.4bn) in direct written premiums in 2022 to $33.4bn in 2027, according to Global Data.
Aviva looks to build new product lines
David Martin, managing director of UK GI distribution & SME at Aviva, revealed that the insurer is considering its fund allocation with the intention of building out new products.