The Source for Cyber Insurance News, Insights and Data
CFC has announced the appointment of Nick Line as Chief Underwriting Officer, effective in 2026. Line has served in various senior roles during his 28-year tenure at Markel, including Chief Actuary and Chief Underwriting Officer. He has led key initiatives to expand product offerings, grow into new markets, and drive sustainable, profitable growth. O’Shea: Line … Read more
An action plan is crucial for any company facing a crisis, and when it comes to cyber events, having a well-defined strategy can make all the difference. The newly released guide, “Components of a major cyber event: a (re)insurance approach,” from the Association of British Insurers (ABI) and Lloyd’s of London, serves as an action … Read more
Here it is – Your Cyber Insurance Sunday – Upload — A few items from the week. Some we reported on, and others we found interesting. Lloyd’s looks at the impact of AI, some rough news for insurtech investments, and just a little bit (sarcasm) on the UnitedHealth hack, dubbed by some as “the most … Read more
WTW, a global advisory and solutions firm, has introduced the International CyCore Facility (ICF). An offering tailored specifically for international clients outside of Great Britain and the US. Designed to address a spectrum of cybersecurity threats, the ICF offers coverage for malicious acts, non-malicious acts, and technical failures. This comprehensive solution encompasses cyber incident response … Read more
Envelop Risk, the data-driven cyber (re)insurance and analytics specialist, has launched Envelop SPA 1925. It is a dedicated cyber reinsurance Special Purpose Arrangement (SPA) at Lloyd’s, collaborating with Apollo through its Strategic Partner Syndicates business and Apollo Syndicate 1971. Chris Baddeley, an active underwriter based in London, heads the SPA, which began operations on January … Read more