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The centre will identify, define and categorise cyberattacks in a similar way to catastrophe events. -
The MGA will be Fidelis MGU subsidiary Pine Walk’s eighth launch.
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The report also stated that digital technology could generate savings of 10%- 20% in other processes in the value chain.
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The appointment follows the recent hire of Pascal Carrer as head of casualty in Switzerland, and David Corrigan as head of property.
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Meanwhile, war premiums for calls into Israeli waters are expected to rise substantially from a low base.
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A report from the firm warns that the market needs to upskill on cyber.
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Leahy joins the carrier after just over a year at TMK as divisional head of airline.
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AI development is creating new risks for insurers to assess as multiple key trends suggest it will evolve into a standalone insurance product like cyber-risk.
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Mark Jenkins becomes chairman of the global credit and political risk team.
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The company’s Las Vegas casinos were hit by a cyberattack last month where employee login details were stolen.
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Looking to the key Q4 renewal period, Gallagher said there is “little to suggest a drastic shift in conditions”.
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Richard Burnett will take up the strategic position as head of cargo underwriting.
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