Cathedral Underwriting, a Lloyd’s managing agent, has contracted insurance software provider VIPR for its bordereaux management system, Intrali.
Berkshire Hathaway Specialty Insurance (BHSI) has initiated cyber liability insurance in Australia and appointed Emma Osgood as head of cyber liability in the region.
Pen Underwriting has appointed Adrian Scott as head of cyber liability. He joins from Ridge Global, a cybersecurity firm where he was executive vice president and chief underwriting officer.
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.
Castel Underwriting Agencies (Castel), a managing general agent (MGA) formation platform, has appointed Mark Sambridge as binding authority manager.
American International Group (AIG) has released a standalone policy specifically designed to provide clients with primary insurance protection for a broad range of cyber risks, including property damage, bodily injury, business interruption, and product liability.
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.
Specialist insurer Markel UK has released a liability product for the technology and communications sectors.
Specialist risk modeller Arium has partnered with Advisen, a provider of technology solutions in the property/casualty market to build casualty accumulation scenarios, using Advisen’s loss event data and Arium’s modelling tool, to assess insurance portfolio exposure to catastrophic casualty risk.
Conning, an investment manager and financial risk modeling software company, has had its GEMS Economic Scenario Generator and FIRM Portfolio Analyzer software approved by BaFIN, a German regulator.