LONDON –– Lloyd’s of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments if a new Black Sea corridor deal can be reached, its CEO John Neal told Reuters on Thursday. NATO member …
LONDON — Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of pandemic-induced home …
Ransomware attacks increased in terms of both severity and costs this year, forcing insurers to become more selective and even scale back on the cover they offer against cyber crimes, a report from a leading insurer showed. The total costs …
Envista Forensics Hires New President Envista Forensics, a global provider of forensic consulting services for insurance claims, has appointed Christina Lucas as president. Lucas will replace Robert Wedoff, who has held the role of president since 2014. Wedoff is transitioning …
Sedgwick Appoints CEO and President Sedgwick, a Memphis-based national claims administrator, has promoted Mike Arbour as chief executive officer and Bob Peterson as president. Sedgwick said that Arbour is only the third CEO since Sedgwick was founded in 1969. He …
New CEO, President Take Helm at Crawford & Co. Crawford & Company has appointed Rohit Verma as chief executive officer to replace Harsha V. Agadi, who stepped down as CEO and president , but will return to the company’s board …
Beazley Promotes 2 in Claims Team Specialist insurer Beazley has promoted Steven Chang to global head of complex claims and Kati Bynon to global claims leader for health care. The two appointments follow Beth Diamond’s promotion to group head of …
Insurer Chubb Ltd on Thursday said it is investigating a computer security incident that may involve unauthorized access to data held by an outside service provider. Chubb has no evidence that the incident affected its network, a spokesman said. “Our …
A new form of online bribery by cyber criminals who attempt to extort cryptocurrency by claiming to have potentially embarrassing evidence of people using adult websites on work computers is adding to the tide of cyber-related incidents hitting businesses, according …
Ascot and Beazley announced the launch of a Lloyd’s-based cargo consortium using insurtech technologies to help manage risk and claims performance. Led by Ascot and Beazley, the consortium brings together a range of cargo carriers that will provide a maximum …