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

Corvus & SiriusPoint Team on Cyber Cover 

“The cyber program is part of a multiyear underwriting capacity partnership in which SiriusPoint has invested in Corvus to support existing and future commercial insurance coverages, according to the statement.” Corvus Insurance Holdings Inc. and Bermuda-based insurer and reinsurer SiriusPoint Ltd. on Wednesday said they have partnered to offer a cyber insurance program with up … Read more

“Cyber Risk Exchange” Launched by Cowbell 

“Cowbell Rx closes insurability gaps by providing cyber insurance applicants with resources to meet eligibility requirements while also enabling active policyholders to continuously improve their organization’s risk profile. This comprehensive list of partners is the first of its kind in the cyber insurance industry.” Source: Cowbell Cyber Unites Cybersecurity Giants and Cyber Insurance Industry with … Read more

Raheila Nazir Tapped to Lead Cyber & Technology for Chubb’s Overseas General Insurance Business

“Raheila was previously Cyber Underwriting Manager, United Kingdom, Ireland and South Africa and Chubb Global Markets, which comprises Chubb’s London Market wholesale and specialty business including the company’s Lloyd’s platform. She will be based in London and report to Tim Stapleton, Executive Vice President, Financial Lines, Chubb Overseas General, and Mike Kessler, Vice President, Chubb Group and Division President, Global Cyber Risk. Her appointment … Read more

Embroker Offers New Cyber & Crime Business Insurance Products; Its Survey Shows Small Biz Underinsured for Cyber

“(A)” sizable portion of small business owners think they are less at risk for such (cyber) attacks. According to a forthcoming study conducted by Embroker, 63 percent of small business owners believe they are unlikely to face a ransomware attack. The same study showed that only 28 percent of these business owners have coverage for … Read more

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