Gallagher’s Weyman: Direct aviation remains buyer’s market amid surplus capacitySurplus capacity remains in the direct aviation market despite the backdrop of high-profile losses suffered by (re)insurers in recent years, according to Gallagher Aerospace global executive Nigel Weyman.
In recent years both insurers’ and reinsurers’ return on equity have dipped, while the top five reinsurance intermediaries have performed strongly. This is not sustainable.Andrew Matson, CEO of Augment Risk, speaking after its hire of Alan Quilter
Pondurance CEO: MDR tools critical to mitigating lag in breach response times TVManaged detection and response tools are becoming mission critical to avoiding and detecting breaches, while threat actors are increasingly leveraging AI to develop scalable hacking tools, according to the CEO of cybersecurity firm Pondurance.
TV News in FocusNetDiligence Cyber Risk SummitK2 Cyber’s Hannes: New MGA starting with “blank slate” and power of existing platformK2 Cyber’s Meghan Hannes said that the newly-launched venture plans to combine the power of incumbency brought about by K2’s existing industry relationships and product set with the opportunity to take a “blank slate” approach to cyber.Fri 16 Feb 2024
TV News in FocusCyberFenix 24’s Renfrow and Grazman: Threat actors “not providing same level of service”An erosion of ethics and increased carelessness among threat actors are making breach response both harder and easier, according to the co-founders of cyber incident response firm Fenix24, as they highlighted the life and death stakes of breach incidents.Thu 15 Feb 2024
TV News in FocusCyberPierFerd’s Panensky says newly-launched law firm offers “happiness” and “freedom”Pierson Ferdinand is among the biggest legal start-ups in history, launching with over 120 professionals in January, and according to a partner in its cybersecurity practice Stu Panensky, the launch was motivated by offering staff “happiness” and freedom”.Wed 14 Feb 2024
TV News in FocusCyberTokio Marine’s Ingerslev: 2022 lull in cyber threat activity was “anomaly”Tokio Marine HCC’s Jacob Ingerslev said that the cyber market is going through a natural swing between hard and soft market conditions and called the lull in threat activity in 2022 an “anomaly”, predicting that conditions will become firmer.Wed 14 Feb 2024
