Liberty Company Insurance Brokers strikes partnership with construction-focused insurance agency

Liberty Insurance | September 25, 2019

Liberty Company Insurance Brokers strikes partnership with construction-focused insurance agency
Liberty Company Insurance Brokers (LCIB) has announced that it has partnered with the independent insurance agency M.B. McGowan & Associates. M.B. McGowan & Associates – headed by president and CEO Mike McGowan – exclusively works with surety bonds and primarily serves the construction industry; it has been representing some of the largest insurance companies in the world. The agency was founded in 1999 and is based in Novato, CA. “Finding the right company to partner with is tricky! Can we both bring value to each other? Do our missions and visions align? Will our cultures vibe? Liberty checks all the boxes, we are excited to be part of the family!” said M.B. McGowan CFO Sue McGowan. In a statement, LCIB CEO Jerry Pickett described M.B. McGowan & Associates as “best in class” in the construction surety space, and that is why LCIB needs the team for their expertise.

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With the number of cyber-attacks on the rise, it’s natural to think that this increase of cyber-attacks is due to new actors and technological developments, said Yakir Golan, the CEO of Kovrr, the Tel Aviv-based provider of predictive cyber risk modeling solutions. “The truth of the matter is, cyber attacks are very often a modified version of an old attack. Whether it’s the same attack vector, same tools or the same vulnerability with a new exploitation, similar types of attacks, methods and techniques are likely to reappear in the near future and re/insurers should be prepared and on the lookout for how they can affect their portfolios,” added Golan.

Spotlight

With the number of cyber-attacks on the rise, it’s natural to think that this increase of cyber-attacks is due to new actors and technological developments, said Yakir Golan, the CEO of Kovrr, the Tel Aviv-based provider of predictive cyber risk modeling solutions. “The truth of the matter is, cyber attacks are very often a modified version of an old attack. Whether it’s the same attack vector, same tools or the same vulnerability with a new exploitation, similar types of attacks, methods and techniques are likely to reappear in the near future and re/insurers should be prepared and on the lookout for how they can affect their portfolios,” added Golan.

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