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The facility is backed by a host of Lloyd’s syndicates. -
Shannan Fort was a partner in McGill’s FI and cyber team.
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The code has been launched by the Code of Conduct Claims Working Group.
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Anderson first joined Scor in 2017 as a senior cyber and technology underwriter.
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Envelop SPA 1925 was launched at the start of the year with Chris Baddeley as active underwriter, based in London.
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The timeline for the centre launch was announced at last year's CFC Cyber Forum, in which CFC's then CUO described the launch as a “coming of age for the cyber market”.
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The 1 January renewals featured a significant shift away from mainstay quota share and aggregate coverage, with examples including Axis and Brit dropping specific stop-loss covers.
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Political violence rose up the agenda, with conflict raging globally, and key elections due this year.
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The uptake on war exclusions, which was followed by other reinsurers, could signal the end of "endless" discussions on the topic.
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Insurance competition remains vibrant in some of the segments that remain most exposed to persistent risks highlighted by the flagship World Economic Forum report.
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Prior to his resignation, Stubbs held the role of deputy class underwriter at Chaucer Group.
