-
-
Property rates are coming under further pressure, while liability is being buoyed by ongoing challenging loss trends. -
The partnership is being formed via Liberty Mutual’s Ironshore subsidiary.
-
The outages began around 07:00 ET on Tuesday.
-
The insurer’s system has now been out of commission for over two weeks.
-
The decrease in premiums aligns with price cuts across the market.
-
It didn’t have a major impact on insurers’ finances – instead, it served as a wake-up call.
-
The insurer first noticed “unusual network activity” on June 7.
-
Coverage has broadened while limits have increased, the broker said.
-
The executive was formerly head of cyber solutions, North America.
-
The carrier has scaled up its international insurance offering in recent years.
-
The company first experienced system disruptions on June 7.
