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Groeber joined CFC as EVP in 2020 before becoming US CEO in 2023. -
The move comes after Burke’s five years as EVP of cyber and technology.
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Old Republic Cyber will focus on providing specialized cyber and technology-related coverage.
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Supply generally exceeded demand and trading relationships were strong, CEO Tom Wakefield said.
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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.
