Insurance Journal

OCTOBER 29, 2024

As Cyber and Technology Errors & Omissions (Tech E&O) risks grow, insurers face increasing pressure to provide accurate, fast, and competitive coverage. Underwriters need tools that reduce complexity, integrate easily … This post is part of a series sponsored by Selectsys.

Cyber 130

Cyber Underwriting Underwriter Insurance 130

Insurance Journal

SEPTEMBER 25, 2024

This edition of International People Moves details appointments at Price Forbes Re and AXA XL. A summary of these new hires follows here. Price Forbes Re Taps Howden’s Waterhouse as Head of Property Fac Price Forbes Re, the London-based specialist …

Underwriting 263

Underwriting Underwriter Cyber Claim 263

Rough Notes

FEBRUARY 28, 2025

A look atand response tothe emerging risks that could dominate 2025 By Lori Widmer This year will be the year of cyber exposure. That according to the 2025 Allianz Risk Barometer, which surveys global customers as well as brokers, trade organizations, underwriters, claims professionals, and risk consultants.

Cyber 52

Cyber Underwriting Underwriter Risk 52

ProWriters

FEBRUARY 7, 2025

Cyber attacks loom larger than ever, and generative artificial intelligence (AI) is a major reason why. At the same time, AI makes improved risk assessment and protection against cyber threats possible. For both of these reasons, artificial intelligence is reshaping cyber security strategiesincluding Cyber Liability policies.

Cyber 53

Cyber Broker-Agent Broker Liability 53

Insurance Journal

JANUARY 22, 2025

Specialty wholesaler Flow Specialty said its artificial intelligence model has passed the Registered Professional Liability Underwriter (RPLU) exams for cyber, errors & omissions, and executive liability modules. “For far too long, the middle market segment of specialty business has been …

Agents 188

Agents Cyber Liability Underwriting 188

Insurance Journal

OCTOBER 3, 2024

During a recent market briefing, Rachel Turk, Lloyd’s chief underwriting officer, … While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified.

Underwriting 311

Underwriting Underwriter Risk Agents 311

Zywave

NOVEMBER 13, 2024

Within the next decade the cyber insurance market is projected to grow to over $120 billion according to a report by Fortune Business Insights. That means there’s a lot of opportunity for insurers who are looking to either grow their cyber business or expand into the cyber market. But with growth opportunities comes risk.

Cyber 97

Cyber Policyholder Insurance Insurer 97

Cowbell

FEBRUARY 6, 2025

As cyber threats become more advanceddriven by AI innovations and intensified by geopolitical tensionsorganizations of all sizes must rethink how they protect themselves. The Motivation Behind CRS Why Go Beyond Traditional Cyber Insurance? Reduces the human-error factor by cultivating cyber-aware behavior from day one.

Policyholder 52

Policyholder Cyber Broker Risk 52

Cowbell

MARCH 30, 2025

Were proud to now underwrite businesses with up to $1 billion in revenues in the US and up to 1 billion in the UK. With each expansion, we refine our underwriting models in real-time, anchoring our promise to swiftly pay claimsover $250 million disbursed to datewhen policyholders need us most.

Cyber 64

Cyber Underwriting Underwriter Policyholder 64

Insurance Journal

MARCH 11, 2025

Liberty Specialty Markets (LSM), a division of the US Liberty Mutual Group, and Baobab Insurance, a digital underwriter of technical risks, are offering a new joint e-crime insurance product for small and medium-sized enterprises (SME) in Germany and Austria. LSM …

Crime 147

Crime Underwriting Underwriter Risk 147

Insurance Journal

FEBRUARY 5, 2025

professional liability products into four pillars: management liability, errors & omissions (E&O), cyber, and financial institutions. “After careful consideration and evaluation, we believe this streamlined underwriting approach will lead to improved … Special insurer Markel said it is realigning its U.S.

Liability 124

Liability Cyber Underwriting Underwriter 124

Cowbell

APRIL 16, 2025

Protecting your business from cyber threats is a full-time job. Cyber resiliency is not easily attainable and cannot be achieved with a single tool, such as endpoint detection. Q3: I have cyber insurance. A3: Cyber insurance is an essential safety net , but it doesnt prevent breaches. Why do I need this?

Cyber 52

Cyber Risk Premium Protection 52

Risk Management Monitor

JANUARY 27, 2022

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. As a result, it is more important than ever for companies to understand their cyber vulnerabilities and exposures so they can ensure they are properly covered. One way to do this is through analytics.

Cyber 66

Cyber Underwriting Underwriter Risk 66

Distinguished

APRIL 9, 2025

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Many traditional carriers want to enter these markets but lack the time or resources to build an in-house underwriting team. For instance, if a client walks into a typical brokerage in the U.S.,

Agents 52

Agents Broker-Agent Broker Underwriting 52

Insurance Journal

APRIL 24, 2025

Washington, D.C.-based based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance marketplace’s third strategic innovation investment from among over 150 alumni of the Lloyd’s Lab. This investment follows BreachBits’ successful co-development …

Claim 263

Claim Insurance Insurer Insured 263

Cowbell

NOVEMBER 15, 2024

We’re excited to announce that Emma Werth has been appointed Vice President of Underwriting and Reinsurance. Early in her career, she worked in customer-facing roles at State Farm, The Hartford and Liberty Mutual and then as an Underwriter at Zurich, NAS Insurance Services, Tokio Marine, and Axis Capital.

Underwriting 52

Underwriting Underwriter Cyber Policyholder 52

Zywave

APRIL 11, 2025

Get millions of datapoints from the Commercial Policy Benchmark API to supplement and inform your benchmarking of your offering against competitors in Cyber, D&O, and many others. Zywaves APIs can serve many industries outside of the insurance agency.

Broker-Agent 52

Broker-Agent Broker Agents Cyber 52

Zywave

FEBRUARY 25, 2025

In the same way, businesses can be shown the data about their cyber risk and the loss that would follow based on real world cases. Sifting through unstructured data Today, there is a great deal more data available to increase underwriting efficiency and tailor policies.

Insurance 52

Insurance Insurer Insured Broker 52

Prof. Allan Manning

FEBRUARY 24, 2023

During that time we have assisted thousands of claimants with their claims, and introduced world leading online services that take the lessons learned from claims, and use them to assist brokers and underwriters be better at their job, and to move the emphasis from price to protection.

Insurance Industry 130

Insurance Industry Business Interruption Claim Insurance 130

Distinguished

FEBRUARY 24, 2025

Cyber attacks: Digital systems like payment terminals and booking systems are convenient, but they also open restaurants up to the possibility of expensive data breaches. Cyber liability insurance: Protects restaurants against the financial fallout of data breaches and cyberattacks.

Liability 52

Liability Liability Insurance Insurance Insurer 52

Cowbell

AUGUST 20, 2024

In two years, he successfully implemented over 20 partnerships with major insurance brokers and significantly enhanced Arch’s digital presence while optimizing the underwriting process through automation, culminating in improved user interfaces and portals. I am thrilled to have them as part of my team.

Cyber 105

Cyber Insurance Broker Underwriter Underwriting 105

ProWriters

NOVEMBER 18, 2024

The D&O Insurance market experienced a favorable underwriting performance in 2023, with the sector seeing its best loss ratio since 2014. However, more seasoned carriers are expected to maintain stricter underwriting standards and defend their turf by keeping rates stable.

Premium 101

Premium Cyber Insurance Insurer 101

Cowbell

AUGUST 26, 2024

As cyber insurers move upmarket, they are increasingly encountering prospects that either already have or are considering purchasing an enterprise software license like the Microsoft E5 license. Policy Tailoring : Cyber insurance policies may need to be tailored to account for the specific protections that are offered.

Cyber 59

Cyber License Insurance Insurer 59

Cowbell

AUGUST 14, 2024

In addition to his 30 years of industry experience, Stephen is currently Group Head of Financial Lines and Cyber at Zurich Financial Services. In his current role he is responsible for the Professional Indemnity, D&O, Financial Institutions, Mergers & Acquisitions, Cyber and Legal Indemnities businesses. More Cowbell!

Cyber 52

Cyber Underwriting Underwriter Risk 52

Cowbell

JANUARY 13, 2025

Over the past year, Cowbell has firmly established itself as the leader in the cyber insurance market by continuously developing innovative solutions that meet the evolving demands of the industry. More Cowbell, Jack The post 2025: A Look Ahead appeared first on Cowbell Cyber.

Cyber 52

Cyber Broker-Agent Commercial Insurance Underwriter 52

Zywave

DECEMBER 18, 2024

In 2024, Zywave hosted more than 1,700 attendees and over 150 speakers across four in-person events covering a range of topics in the casualty and cyber insurance spaces. Cyber Risk Insights Conference London April 2, 2025 This acclaimed conference is back for the 12 th year with a single-day, multi-track event in London.

Insurance Industry 52

Insurance Industry Cyber Broker-Agent Insurance 52

Cowbell

JULY 16, 2024

Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), today announced the successful completion of its reinsurance renewal with Palomar Holdings, Inc. In this evolving class of business, Cowbell’s underwriting expertise continues to impress us. NASDAQ: PLMR) effective July 1st.

Cyber 40

Cyber Underwriting Underwriter Insurance Companies 40

Cowbell

NOVEMBER 26, 2024

He will work directly with the sales, product, and leadership teams to ensure alignment with business objectives, fostering broker and policyholder engagement, and spearheading innovative campaigns that reinforce Cowbell’s position as a leader in cyber insurance. The post Thomas Pytel, Jr.

Cyber 52

Cyber Building Policyholder Commercial Insurance 52

Cowbell

JUNE 28, 2024

The Independent Insurance Agents of Texas (IIAT) had their annual conference last week, bringing together agents, underwriters, thought leaders, and service providers to network and learn about the most pressing trends in the industry. There’s no longer an understanding gap as to why a business might need cyber coverage.

Broker-Agent 40

Broker-Agent Cyber Agents Broker 40

Cowbell

MAY 28, 2024

Simon joined Cowbell over a year ago with over fourteen years of property and casualty experience, with a focus on cyber, leading teams in both the U.S. The post Cowbell Bolsters Global Distribution, Promoting Simon Hughes to SVP to Lead the Charge appeared first on Cowbell Cyber. and London markets.

Broker-Agent 40

Broker-Agent Cyber Broker Building 40

Majesco

FEBRUARY 13, 2025

Today’s insurance customer is under pressure and assault from every angle: Cyber criminals are using data breaches to access bank accounts and credit. Climate risk is growing, and a greater number of Cat events are threatening people and their property.

Risk 52

Risk Insurance Insurer Insured 52

ProWriters

JANUARY 3, 2024

The trajectory of average D&O Insurance premiums has been a critical barometer for Cyber Insurance brokers keen on gauging the market’s pulse. Amidst an economy on shaky ground, top D&O Insurance carriers are competing fiercely, with many underwriters expecting rates to either remain constant or decrease further.

Premium 52

Premium Insurance Insurer Insured 52

Protect Commercial Insurance

DECEMBER 6, 2024

Cybersecurity Threats In our increasingly digital world, businesses face a barrage of cyber threats. With data breaches, ransomware, and cyber espionage on the rise, cybersecurity has become a critical focus for companies worldwide. To boot, developing a proactive approach is key.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Insurer 52

Majesco

FEBRUARY 15, 2024

Whether it’s travel, aviation, marine, cyber, or any other specialized field, the ability to accurately assess and rate risk is paramount. These types of risks often require specialized knowledge and underwriting expertise. Can the technology solution expand underwriting data fields?

Policyholder 40

Policyholder Broker-Agent Risk Broker 40

InsuredMine

OCTOBER 25, 2024

Climate change, cyber threats, and shifting demographics are introducing new challenges that demand innovative solutions. Sustainability considerations will become integral to underwriting decisions, with insurers increasingly promoting green practices through their products and pricing strategies.

Risk 59

Risk Insurance Industry Business Interruption Claim 59

Accenture: Cyber Insurance

NOVEMBER 30, 2021

As we wrap up 2021, it seems appropriate to revisit predictions we made for the insurance industry this year. I put forward my hypotheses last December in my post, 5 predictions for the insurance industry in 2021. Let’s see how those predictions held up. 1.

Insurance Industry 52

Insurance Industry Insurance Insurer Insured 52

Jackson & Jackson

MAY 22, 2024

Investors should stay informed about industry trends such as the use of advanced analytics for underwriting and claims processing, the integration of technology for risk assessment, and innovative coverage options for emerging risks like cyber liability.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurance 52