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AXIS | February 03, 2020

At the last NetDiligence cyber conference held in London, head of cyber and technology underwriting performance at AXIS Capital, James Creasy (pictured), contributed to a discussion regarding cyber warfare and exclusions. Following up on this event, Creasy spoke with Insurance Business to give his perspective on the significance of major cyber events on increasing awareness of cyber risk and the importance of educating brokers and clients in this area. Creasy, who got his start in the insurance ...

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KBRA | December 30, 2021

Kroll Bond Rating Agency (KBRA) assigns an Insurance Financial Strength Rating of BBB+ with a Stable Outlook to Tower Hill Insurance Exchange (THIE). THIE was formed as a Florida reciprocal exchange and will begin writing residential property insurance in Florida within its first year of operation and continue to expand in the Florida market over the subsequent two years. The rating reflects its sound initial capitalization, conservative investment portfolio, and reasonable busine...

Insurance Business America | April 13, 2020

Corvus Insurance has announced a new initiative to provide cyber risk analysis and reports for hospitals, healthcare organizations and any other organization on the front line of the healthcare response to the COVID-19 outbreak. The reports are free and can be requested through the Corvus Insurance website. The COVID-19 outbreak comes amid a spike in cyberattacks on healthcare entities. The Corvus initiative offers free Dynamic Loss Prevention (DLP) reports in response to the heightened need to ...

TRISTAR Insurance | January 16, 2020

TRISTAR Insurance Group – a major, privately-owned independent third-party claims administrator in the US – has agreed to acquire Aspen Risk Management Group. A release said that the transaction was expected to close yesterday - January 15, 2020. TRISTAR believes the move is “a significant step forward in establishing a strategic presence in the loss control and workplace safety market.” Following the transaction, all Aspen employees will continue to operate out of their ...