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A survey last year found firms’ management of the risk still falls short.
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Predecessor Tom Allen resigned to join Munich Re before Christmas.
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The carrier, which took losses from the Marriott cyber breach, no longer writes cyber insurance for companies with revenues of more than $1bn. -
The broker also backs calls for publication of a broker league table for PPL usage.
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Miskovich replaces Simon White, who left the specialty insurer last June.
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Jacqueline Spencer-Sim joins Pembroke from Axis.
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The carrier has signed agreements with Element and CoverHound.
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A global entity as old as the Corporation has to have one eye on its strategic position in the growth markets of the future.
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Only 15 percent of non-affirmative cyber policies contained an explicit cyber exclusion clause.
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The hotel chain has $350mn of cover in place and looks set to inflict the market’s largest-ever cyber claim.
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AIR said its estimates are based on the assumption that 500mn records were stolen.
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Carriers hope the new technology will cut the cost of administering claims.
