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
New Cyber Product Targets Gaps Left by War Exclusions Markel Insurance introduced a cyber insurance product that offers coverage for indirect losses caused by acts of war. The product provides up to $5 million in coverage per risk, filling gaps left by cyber insurance war exclusions. Chris Burgess, Director of Cyber at Markel International, said, … Read more
Markel Group Inc. has announced the appointment of April Tam as Senior Underwriter for Professional Financial Risk (PFR) & Cyber and Head of Financial Institutions in Asia, effective immediately. This strategic move aims to bolster Markel’s leadership in the PFR sector and enhance its financial institutions offerings across the region. In her new role, Tam … Read more
The fintech sector has increasingly become a prime target for cybercrime, with U.S. government reports underscoring the sector’s vulnerability due to its heavy reliance on technology and interconnected systems. The Government Accountability Office (GAO) highlights that cyberattacks on financial institutions, including fintechs, have escalated in sophistication, posing significant risks to the industry’s stability. In light … Read more
Markel, a key division of Markel Group Inc., has welcomed Ng Yao Hua aboard as a Cyber Security Analyst. He arrives to enhance cyber security underwriting capabilities in the Asia Pacific market. This appointment marks a significant addition to the company’s growing expertise in the region, demonstrating its commitment to addressing the evolving cyber security … Read more