Hiscox recently announced it had expanded into the ILW market with a new cyber ILW product – the first to respond specifically to cyber losses. Devin Page, assistant vice president – underwriting, Hiscox Re, explains how Hiscox developed the new product and how innovation and ILWs may be natural bedfellows.
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Latest alternative risk transfer news
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has hired Shiv Kumar as president and global leader of GC Securities, capital markets.