The demand for global cyber cover is growing, but as the marketplace has become progressively crowded and fragmented, identifying the best solution has become increasingly difficult. Reza Khan and Jamie Bouloux, the leadership behind EmergIn Risk, explain to Intelligent Insurer how they have built an organisation prepared to offer differentiated and bespoke solutions on a global basis.
While demand for cyber coverage is soaring, the market is also very competitive. Optimising the offering, pricing and overall solution for a client can be difficult. To get this right, two units within RSGUM that focused on this risk on different sides of the Atlantic have consolidated their underwriting teams.
EmergIn Risk, a managing general underwriter, was formed by RSGUM in 2016 after Jamie Bouloux, now president of the firm, joined from managing general agent (MGA) CFC. EmergIn was focused on companies in specific sectors offering bespoke solutions to offset their cyber risks, and was based in London.
ThinkRisk, in contrast, was the first MGA formed by RSG in the US. in 2010. The business, led by Reza Khan, was launched with the intention of providing professional liability products (with an emphasis on cyber, media and tech-related exposures) and targeted small and medium-sized enterprises (SMEs) in the US across a diverse number of industries.
EmergIn Risk, Cyber cover, MGA, Insurance, Reinsurance, Reza Khan, Jamie Bouloux, Global,