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Insurers are the second line of cyber defence: Hiscox

The insurance industry should act as the second line of defence behind IT security measures in protecting companies against cyber attacks, Hiscox honorary president Robert Hiscox has said.

Jenny Messenger, 08 December 2014
Aggregation management vital for cyber risk: Bolt

Controlling aggregation of exposure is key to writing "interesting" cyber business, according to Lloyd's performance management director Tom Bolt.

Jenny Messenger, 08 December 2014
Barbican hits full capacity for cyber business

Lloyd's insurer Barbican is unable to write any new cyber risk business this year, The Insurance Insider has learned.

Jenny Messenger, 08 December 2014
Aon launches public sector MGA

Aon UK has launched a managing general agent to write property, casualty, financial lines and motor classes for local authorities, police, fire and rescue services.

Charlie Thomas, 08 December 2014
Duguid: Brokers also deserve praise for saving Lloyd’s

Lloyd's relationship with its brokers was key to its revival after the dark days of the 1990s, according to author of On the Brink Andrew Duguid.

Charlie Thomas, 08 December 2014
Seven followers asked to pay $200,000 fee on $68mn Marsh terror facility

Seven following markets, each committing a 2.86 percent line on Marsh's $500mn-limit London market terrorism and political violence facility, are to pay a "placement service fee" of $200,000 per annum to Marsh Portfolio Solutions, The Insurance Insider can reveal.

Mark Geoghegan, 08 December 2014
News digest

Steadfast acquisition; eSure buys Gocompare; Quindell appoints PwC; Integro adds Morgan; Generali appoints Cattaneo; Nelson in Bermuda; Reinsurance returns fear; US commercial rates steady; Aspen recruits; Skuld hires Stallard; Pioneer appoints FI head; AJG buys Blue; Windstorm Xaver; McLoughlin joins Suncorp; ArgoGlobal appoints; Berger adds Wafer; Citizens slashes exposure; AFG's special divi; XL appoints Pitt Normal

Charlie Thomas, 08 December 2014
Long-term regulatory pains

We love cycles in our business. Like rudimentary navigational aids, they might not give us a sense of exactly where we are but at least succeed in giving us a rough idea of where we might be heading

Mark Geoghegan, 08 December 2014
Tesco D&O programme brokered by Aon

Aon is the broker for multinational retailer Tesco's directors' and officers' (D&O) programme, The Insurance Insider has learned.

Jenny Messenger, 08 December 2014
US commercial prices rise 3% in Q3: Clips

US commercial insurance prices increased by a modest 3 percent during Q3 2014 compared to the prior-year period, according to Towers Watson.

Charlie Thomas, 08 December 2014

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