Cyber Insurance Sunday – Upload
Here it is – Your Cyber Insurance Sunday – Upload— A few items from the week. Some we reported on, and others we found interesting. News out of Brazil for…
Here it is – Your Cyber Insurance Sunday – Upload— A few items from the week. Some we reported on, and others we found interesting. News out of Brazil for…
In a step towards fortifying its cyber insurance offerings, Beazley, a premier specialty insurer, has announced the integration of its in-house Cyber Services team with Lodestone, a fully owned cybersecurity…
Read More “Beazley Security Offers Integrated Cyber Insurance and Cybersecurity Solutions” »
The specialist insurer has announced the closing of PoleStar Re Ltd, the Series 2024-1 Class A notes “designed to cover remote probability catastrophic and systemic events. Structured on an indemnity…
Read More “Beazley Closes $140 Million Cyber CAT Bond; Good Sign for Cyber ILS Market” »
Beazley, a leading specialty insurer, has appointed Patricia Kocsondy as the Head of Global Cyber Digital Risks. Kocsondy will be responsible for shaping the global product and distribution strategy for…
Read More “Beazley Appoints Patricia Kocsondy as Head of Global Cyber Digital Risks” »
A new CEO has joined Lodestone, a wholly-owned sub of Beazley. The insurer has a ready-made client base for Lodestone, suggesting vertical integration of cybersecurity solutions — services to insurance…
The company’s 2022 results showed a 48% drop in “profit before taxes,” which it attributed to investment challenges. But cyber continues to grow. “Cyber Risks continued to see strong rate…
We recently wrote about the market anticipation of a trade-able 144a Catastrophe (“Cat”) Bond. Now Beazley, a London-based specialist insurer, has launched something related, the first-ever cyber catastrophe bond. The…
Read More “Here’s the First Reported “Cyber Catastrophe Bond,” from Beazley ” »
“(Beazley Head of Cyber Services Raf Sanchez) explained that this is because many incidents are notifiable not just to regulators but often must be disclosed to clients (who have inserted…
“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,…
Read More “Raf Sanchez Named Global Head of Cyber Services at Beazley” »