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After recording triple digit growth in 2020-2022, the US cyber market grew just 1.6% in 2023.
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Maria Long joins the cyber insurer from Munich Re as the company's deputy CUO.
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The former CEO will also serve as executive managing director within Aon’s reinsurance solutions business.
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The firm laid off senior leaders this month, weeks after it began pursuing a sale, this publication can reveal.
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Cybersecurity basics could reduce cyberattack costs by up to ~75%.
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Businesses exceeding $50mn in revenue are 2.5 times more likely to face cyber incidents, the report found.
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The construction industry remains a top target for attackers and was the most impacted sector in Q3.
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Mr Cooper Group said it was the target of a 2023 hacking attack.
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The market grew at a rate of 32% annually from 2017 to 2022.
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D&O and D&F are also facing increased competition, but property remains price adequate.
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The cyber solution is backed by Mosaic, Chubb and Liberty Specialty Markets.
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The Hartford will assume a quota share of Coalition’s UK cyber program.