Sponsored content: For Insurance Times’ latest Expert View, Cowbell’s senior vice president for global distribution sat down with Insurance Times deputy editor Yiannis Kotoulas to discuss the cyber market, changing threat actor behaviour and the need for active risk mitigation.
The cyber attack on the retailer first came to light last month
Aviva says it is the first insurer to integrate this into its exposure management strategy on a recurring basis
‘Four or five years ago you probably only had four or five insurers that would want to compete for a piece of business, but now you’re probably looking at 10 or 12 upwards,’ says head of regional broking
Beazley’s country manager for the UK and Ireland noted that the insurance industry had much more to do to support cyber penetration
Ian Summerfield, head of cyber at Pen Underwriting, explains why cyber must be viewed as the third fundamental area of business risk alongside better known property and liability perils
Claud Bilbao, regional vice-president of underwriting and distribution at Cowbell UK, explains the niche insurance support that can benefit the UK’s tech sector
‘The frequency of cyber attacks and subsequent loss and disruption is significantly higher than the occurrence of other perils that firms look to insure against as standard,’ says head of cyber
Cyber specialist and RPC partner talks cyber insurance, ransomware and how insurers are changing their strategies to get the most from the market
‘Our experienced team of underwriters are looking forward to deepening relationships with brokers and further developing our digital distribution capabilities to better serve the UK market,’ says vice-president
Claud Bilbao, regional vice-president of underwriting and distribution at Cowbell UK, explains how organisations can be proactive to mitigate cyber threats
’You are 167 times more likely to be a victim of a cyber attack than a burglary,’ says Gallagher Re chief executive
’He is a highly experienced underwriter with proven leadership credentials,’ says chief underwriting officer
Cyber resilience is ’one of the most systemically important issues of our time,’ says chief executive
’What you have to keep in mind about the cyber crime industry is that it is an industry, that it is hugely lucrative and is dependent upon skilled technicians to deliver the various stages of an attack with different skill sets,’ says CUO
’Our aim is to make it easier for brokers to provide clients with access to insurance without getting bogged down with lengthy exchanges,’ says chief underwriting officer
President says deal ’will help our clients and broker partners build insurance towers efficiently’
’Our portfolio quoting service isn’t just about eliminating manual data input and tedious applications forms, it can open the door to significant growth opportunities within existing books of business,’ says distribution director
’We are proud to join the ABI, alongside industry leaders, to strengthen the sector, foster greater trust and transparency and drive innovation forward,’ says senior vice president
’Being utterly nimble and embracing the change AI will bring is the only survival option,’ says global head of cyber and data
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This report collates a portfolio of the 50 most innovative UKGI insurtechs that insurers and brokers should have on their partnership radar, based on specific criteria defined by Insurance Times to reflect the needs and interests of our readership.