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The cyber market faces significant claim notifications from Change Healthcare clients. -
Cyber Quoting will connect global cyber insurers and US distributors.
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The average rate increase in the cyber market stands at 1.6%.
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TMHCC said the appointments underline its "commitment to innovation, market expansion and customer service".
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CyberCube expects ransomware attack to impact both large and SME accounts.
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Participating members can purchase up to $10mn in (re)insurance.
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The project is not immediately moving forward due to lack of client demand.
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The deal adds to Aspen’s existing support of the InsurTech in the UK and Canada.
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Many carriers’ views on cyber are mixed, the agency said.
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The MGA will be offering $10mn limits for $300mn-$10bn companies.
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Dejung spent 13 years at Scor, most recently as cyber CUO.
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He was most recently cyber product leader at Zurich NA.
