Victor O. Schinnerer & Company, an underwriting manager, has enhanced its kidnap, ransom and extortion insurance coverage with an updated endorsement, the “Schinnerer Enhanced Endorsement.” Effective immediately, the ...
Tags: insurance, Schinnerer
Wall Street played its own version of war games on Thursday, testing its defences against simulated cyber-attacks bent on taking down US stock exchanges. A total of 500 people took part in the exercise, called Quantum Dawn 2, in offices ...
Tags: Wall Street, Computer Products
According to Protiviti’s 2013 Security and Privacy Survey, a large number of companies are not adequately prepared to respond to a data breach of IT security crisis, despite a broader recognition that cyber threats are more prevalent. ...
Tags: Data Breaches, Security
UK-based underwriting subsidiaries of Catlin Group Limited (CGL) have rolled out a new terrorism insurance product UK Asymmetric, which includes unique crisis response services as well as coverage for chemical, biological, radiological and ...
American International Group (AIG) has introduced CyberEdge business risk and insurance cover in the Middle East to negate the threat of cyber-attack to a company. AIG MEA Region Professional Indemnity head Juliette Pettit said, ...
Tags: AIG, CyberEdge business risk, insurance, Middle East, cyber attack
Global professional services company Towers Watson has named Christof Bentele and Chris Holt to lead its new Crisis Management team, marking its foray into crisis management market. The new team has been designed to develop expertise in ...
Tags: Towers Watson, Christof Bentele, Chris Holt, Crisis Management team
US based underwriter Chartis, a division of AIG insurers has incorporated PLL Power Pack Protect to its NextGen Protection suite of industry specific insurance products. The newly added insurance policy has been developed to address ...
Tags: Chartism, AIG, PLL Power Pack Protect, specific insurance products
Kidnap and ransom insurance provider HCC Specialty has signed an agreement with Unity Resources Group (Unity) to offer crisis response services to its policyholders worldwide. Under the agreement, Unity along with its partner iJET ...
Tags: crisis response, policyholder, insurance, HCC Specialty