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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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The conglomerate looks to step into the role of insurer of last resort amid capacity constraints and surging client demand.
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Cyber and risk management specialist Sou Ford will move from WTW to lead Lockton’s Southeast cyber practice.
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Aon’s E&O and Cyber Market Review found that between Q1 2019 and Q4 2021, ransomware attacks surged 323%.
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Cyber policies already include war exclusions, but market participants now expect more explicit language and tighter terms and conditions.
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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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WTW forecasts that cyber rates could increase by 100% to 200% for heavily exposed industries.
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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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The MGA’s gross written premium now surpasses $650mn.
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The executive joins Lockton after almost 16 years working at AIG, where until recently she served as North America head of cyber.
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Roger Francis will lead a team of incident responders and cyber security specialists across the US, London and Australia.
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Losses from comprised business email accounts leaped 28% to $2.4bn last year, as work-related attacks remained by far the costliest type of cybercrime reported to the FBI.