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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
Backed by Coalition’s platform, CIC will begin quoting its admitted cyber products in some states starting March, with a national roll-out expected throughout 2023.
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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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It is understood that most of the cuts affected employees in the sales and marketing division.
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In tandem, Gregg Davis and Rob Glanville will join the cyber InsurTech as independent directors.
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InsurTech Cygnvs, eight months after closing its $55mn Series A funding round, has come out of stealth mode.
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As insurers grow more comfortable with retaining attritional cyber risk they are altering reinsurance placements.
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The energy crisis came in as a top-four concern, with 44% of respondents expressing worries over fuel costs, supply disruptions, inflation and the effects of Russia’s invasion of Ukraine.
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The syndicate will access first excess – and eventually primary – business for US large corporates which typically does not make it to Lloyd’s, the CEO said.
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Inside P&C’s news team runs you through the key highlights of the week.
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It is understood the rationale around Coalition’s desire to sell Attune involved refocusing its story on cyber, where valuations have held up.
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The CEO called for the formation of public-private partnerships, akin to those in place for terrorism or earthquakes, to tackle systemic cyber risks.
