WTW, an advisory, broking, and solutions firm, has announced the next step in the rollout of its digital trading platform, Neuron. Liberty Specialty Markets (LSM) is now live on the platform, bringing real-time trading capability for Cyber and Directors & Officers (D&O) risks. LSM’s capacity became active on Neuron as of 31 March 2025. Initially…
At-Bay, a cyber insurance and security firm known for its integrated “InsurSec” approach, has released its 2025 InsurSec Report, revealing significant shifts in the cyber threat landscape. Drawing on data from its own claims portfolio, the report highlights a resurgence in ransomware activity in 2024, with remote access tools—particularly VPNs—serving as the entry point in…
The Cayman Islands is poised to become an increasingly significant player in the global reinsurance market, according to Greg Mitchell, Chair of CIRCA (the Cayman International Reinsurance Companies Association). Speaking ahead of the ReConnect Conference in Cayman, Mitchell highlighted the jurisdiction’s appeal to international capital seeking access to the US risk market. “The market is…
The Fidelis Partnership (TFP) has announced the appointments of Suzanne Wells as Chief Operating Officer (COO) and Erik Manning as Head of Ceded Reinsurance. Effective July 2025, Wells will be based in London. She joins TFP from Arch Insurance International, where she serves as Deputy UK COO, overseeing key UK functions such as operational excellence,…
Cytora, a digital risk processing platform, has entered into a partnership with Vāyuh, an AI-driven weather forecast and climate analytics company. This collaboration will seamlessly integrate Vāyuh’s advanced climate and weather data models into Cytora’s platform, providing property insurance underwriters with enhanced risk analytics and more accurate risk scores to assess climate and weather-related risks….
Arch Insurance, a division of Bermuda-based re/insurer Arch Capital Group, has appointed Paul Seip as Head of Fine Art & Specie, European Markets, effective immediately. Seip will be based in Rotterdam, and joins Arch Insurance (EU) dac (AIEU), which provides specialist property and casualty insurance solutions within the European Union. In his new role, Seip…
Coalition, an active insurer focused on preventing digital risks, has launched its new Active Cyber Policy, a reimagined US surplus lines cyber policy designed to protect businesses amid an ever-evolving digital threat landscape. Shawn Ram, Chief Revenue Officer at Coalition, said, “With the launch of the Active Cyber Policy, Coalition is setting the standard for…
Allianz Trade, a trade credit insurer, has appointed Matt Williams as Chief Executive Officer (CEO) for UK & Ireland, effective July 1st, 2025, succeeding Sarah Murrow. Murrow will become CEO of Allianz Trade in the Americas also effective July 1st, 2025. Both appointments are subject to the standard regulatory approval requirements. Williams brings a wealth…
Industry standards body ACORD has launched GRLC Generation 2.0, updating its Global Reinsurance & Large Commercial Standards to support digitalisation throughout the global re/insurance industry. Providing some background, ACORD noted that GRLC Standards have been widely used by the global re/insurance and specialty markets for years to enable efficient and effective flow of insurance data….
The Board of Directors of Liberty Mutual Insurance has elected Timothy M. Sweeney as the Chairman of Liberty Mutual Holding Company Inc., effective April 9th, 2025. Sweeney, currently the company’s President and Chief Executive Officer, will succeed David H. Long, who retires as Chairman and Director. Long has spent four decades at Liberty Mutual, becoming…