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The underwriter will be based in southern California and lead global strategy in cyber for the insurer. -
He will also join the board of At-Bay Specialty Insurance Company.
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The appointment comes after a slew of cyber reinsurance brokers left Aon to join Howden.
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AM Best is confident in At-Bay's 5-year business outlook, partly due to the rapid growth seen in the cyber insurance market.
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The new programme marks Core Specialty’s first offering in the tech E&O and cyber market and offers up to $5mn of coverage.
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Inside P&C’s news team runs you through the key highlights of the week.
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WTW’s survey cites regulatory risk, health and safety precautions and bribery and corruption on the list of top D&O risks.
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Gangu was previously president of the insurance and services division and COO at SiriusPoint.
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The new product is being developed to meet client demand for the coverage as the Lloyd’s market prepares to exclude cyber war as a peril from 31 March.
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The US continues to experience catastrophic flash flooding and heavy rainfall events that are impacting “inland” areas across the country, as well as coastal areas.
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Based in Boston, Wilson will report to Newfront’s head of executive risk, Deirdre Finn.
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Carriers will address exposure to catastrophe losses, higher reinsurance costs, macroeconomic factors and inflation.
