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Claims rates also increased, with standalone policies seeing a greater increase than package policies.
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The executive will also serve as senior underwriter of professional liability.
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The company expanded its cyber team in LA with senior underwriter Marisa Vero and in Minnesota with underwriter Hanna Baker.
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Tadikonda will join the Corvus board of directors and will report directly to the board.
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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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Odyssey Group cyber chief Robert O’Connell is looking to raise up to $1bn of capital to launch a monoline cyber reinsurer, this publication can reveal.
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The broker sees rising costs pushing more careful underwriting and rate rises across multiple business lines for the rest of 2022.
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Beazley and Chubb are working on different approaches as the market tries to get its arms around the aggregation risk.
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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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Vern Suckerman has been named head of US complex accounts while Rachel Rossini has been appointed product manager for cyber and technology E&O.
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The firm has been actively building out its team with industry expertise in 2022.
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The cyber InsurTech sits at the top of the pyramid with a $5bn valuation, but it plays in a risky sphere.