The Allianz Risk Barometer 2020 reveals business interruption ranked second respondents.
Appointee joins from Greenlight Re and has also worked at Guy Carpenter.
It incorporates automatic video FNOL.
The software will stress test Hiscox’s book of global commercial insurance business.
Ritablock will onboard the first participating companies in the coming months.
The acquisition further enables the firm to develop and scale digital client solutions.
There is already demand for alternative sources of capital and the ILS market is well placed to provide it.
To date Piiq has hired 28 individuals in the UK and US.
Clearcover’s total funding since its 2016 founding is more than $104 million.
The report warns of rush to market of products with minimum cybersecurity standards.