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The Richard Watson-led carrier has continued to broaden its suite of products since launching at the start of 2021. -
Miris will offer up to EUR25mn of capacity to each member, with policies incepting from 1 January 2023.
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Sources told Insurance Insider that unusual activity was the result of an update to some of Lloyd’s systems, however the Corporation declined to comment on speculation.
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Consilium’s financial lines operation specialises in professional and executive risks as well as cyber.
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Ezeugo Aguta joins former colleague Richard Taylor, who left Munich Re to help Probitas enter the cyber market at the end of 2021.
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A market memo confirmed that investigations are now at an "advanced point".
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The Corporation is resetting systems as it investigates “unusual activity” on its network.
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The MGA is a “significant way down the road” in establishing an independent body in the UK for declaring and categorising cyber catastrophe events.
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The capacity deal was brokered by Lockton Re.
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Plus all the top news from the Monte Carlo Rendez-Vous and this week’s exclusive executive moves.
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The new carrier will be backed by Ariel Re owner Pelican Ventures and aims to write $50mn GWP in 2023.
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In the newly created position, Rudow will report to Everest North America reinsurance head Jill Beggs.
