Ransomware to Drive At Least One Top Cyber Insurance Provider Out of Market in 2022: Forrester 

Prediction comes from Forrester Senior Analyst Jeffery Williams: “Bottom line, insurers have been collecting small premiums while facing near-infinite risks. At least one top 10 cyber carrier will cease writing new business and selectively run off existing business in 2022.” Read the blog post here. “Download Forrester’s Predictions 2022 complimentary guide and find out what’s … Read more

Dominic Steptoe Joins BOXX Insurance as Global Chief Product Officer 

“The appointment follows the recent announcement by BOXX of its global partnership with Zurich Insurance, which Steptoe will manage along with other customer relationships in Europe.” Source: Toronto-Based Cyber Insurer BOXX Insurance Appoints Dominic Steptoe as Global Chief Product Officer | News | wfmz.com

AXA XL Names New Cyber Insurance Execs 

“AXA XL has promoted Danielle Roth as practice leader and head of Cyber Claims, North America. Roth is responsible for claims strategy and best practices including coverages analysis, claims investigations, reserving and resolution of claims, service standards and state regulations. In addition to managing AXA XL’s cyber claims professionals in the U.S., Canada and Bermuda, … Read more

Marsh Launches Cyber Risk Analytics Center 

“The center will be headed by Managing Director Scott Stransky, a cyber risk and catastrophe modeler. Stransky joined Marsh McLennan earlier this year after more than a decade at AIR Worldwide. He holds a bachelor’s degree in mathematics and a master’s degree in atmospheric science, both from MIT, and his work has been published in … Read more

Raf Sanchez Named Global Head of Cyber Services at Beazley

“In his new role, Raf will direct global risk management and incident response functions, playing a pivotal role in Beazley’s Cyber Ecosystem. With a focus on giving clients the power, autonomy, knowledge and desire to proactively manage down their cyber exposure by investing in and building out their cyber resilience.” Source: Beazley announces new Global … Read more

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