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Who remembers the Equifax breach?
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The California-based company will target cyber business in 15 US states. -
The cyber and emerging risks specialist makes its second acquisition in six months.
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Discussions about the programme's roll-out reveal fears of accidental coverage widening and a flight by insureds to companies markets.
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The former Tarian senior underwriter is to join Antares in early February.
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The lawsuit over $74mn in losses from a 2013 data breach is closely-watched by the cyber insurance market.
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Sarah Stephens will be based in London and be responsible for cyber insurance across the international division.
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The fundraising brings its total backing to around $45.8mn, according to Crunchbase.
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The reinsurance partnership would support the expansion of Beazley’s fast-growing affirmative cyber book.
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The formation of a climate change policy group and model cyber clauses are on the trade association’s agenda.
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The cyber specialist joins the MGA’s California office as head of underwriting.
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The move into the two classes follows the insurer's launch of a US financial lines division.
