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There has been a sharp increase in hacking and malware attacks on financial institutions in the first six months of 2016, particularly on institutions with revenues below $35 million, Beazley has said in a report. 20 July 2016
Insurance
Castel Underwriting Agencies (Castel), a managing general agent (MGA) formation platform, has appointed Mark Sambridge as binding authority manager. 20 July 2016
Insurance
PwC, a provider of industry-focused assurance, tax and advisory services, has appointed Lindsay J’afari-Pak as its UK insurance tax market leader, effective immediately. 20 July 2016
Insurance
An analysis of almost 400 reinsurance contracts underwritten at Lloyd’s of London has proven that there could be potentially significant vulnerabilities and exposures if a catastrophic cyber-attack was to occur. 19 July 2016
Insurance
National Indemnity Company, a subsidiary of insurer, Berkshire Hathaway, has acquired Medical Liability Mutual Insurance Company (MLMIC), a medical professional liability insurer based in New York. 19 July 2016
Insurance
Atrium Syndicate 609, a specialist underwriter, has closed down its Singapore platform, which was established in 2009. 19 July 2016
Insurance
A new report from InsureTech and PwC claims that more than a third (35 percent) of insuretech start-ups are focusing on ways to improve customer relationships. 19 July 2016
Insurance
Barbican Insurance Group has appointed Olivier Decombes as divisional head of energy, power and utilities. 19 July 2016
Insurance
AXIS Capital Holdings has revealed its initial estimate of second quarter 2016 catastrophe and weather-related losses of $104 million. 19 July 2016
Insurance
AIR Worldwide (AIR) has developed a global resilience practice, a structure to support risk reduction and resilience initiatives across the globe. 19 July 2016
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