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As part of the financing round, which closed last week, Tom Kang was elevated to Converge’s CEO from his prior role as the MGA’s chief insurance officer. -
The US and Europe have shown concerns over Lloyd’s of London war exclusion wording, the report shows.
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The program will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation.
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CyberCube found 2,890 vulnerable MoveIt managed file transfer (MFT) deployments mapped to companies in 75 countries at the end of June.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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CEO Adam Kembrooke said some markets would struggle to maintain the results they’ve posted historically, after the point of pricing equilibrium in the cyber class.
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A recent report from Howden shows ransomware activity is up 48% year-on-year.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Stephens hired Green from brokerage McGriff, Seibels & Williams, where he focused on cyber, energy and marine.
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Cyber GWP could exceed $50bn by 2030, the broker predicts.
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The broker used three major cyber models to analyse the drivers of model variability, with revenue coming top as the most prominent driver of loss variability.
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Based in New York, the executive will report to Lockton cyber and tech practice leader Michelle Faylo.
