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The goal is to narrow the cyber protection gap, strengthening UK resilience. -
James Platt has previously held group COO and chief digital officer roles at Aon.
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The consortium will offer up to $50mn of per-program capacity.
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Global commercial insurance rates rose 1% in Q1, down from a 2% increase in Q4 2023.
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The broker used a consensus-based hypothetical cat event type to analyse its global impact.
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The Lloyd's CUO warned against "calling victory too early".
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The carrier's UK portfolio will no longer be written with an in-house team.
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The cyber market faces significant claim notifications from Change Healthcare clients.
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Cyber Quoting will connect global cyber insurers and US distributors.
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The average rate increase in the cyber market stands at 1.6%.
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CyberCube expects ransomware attack to impact both large and SME accounts.
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Stefan Sperlich will lead the new division as managing director.
