The hybrid pollution product within Mosaic’s environmental liability team combines elements of contractors pollution liability and control of well cover.
Malware and ransomware attacks emerged as the most reputationally damaging, accounting for 60% of reputation risk events while making up only 45% of total cyber incidents analysed.
It follows approval of the re/insurance broker’s US flood model last November and forms part of the firm’s broader suite of solutions for real-time loss forecasting, accumulation scenarios and climate risk assessments.
Lloyd’s insurance firm and syndicate manager Apollo has named Steve Portman as head of energy, with effect from June 2025, as the firm looks to strengthen its energy portfolio and market position.
Shadow AI is on the rise among insurance employees, a study warns, with 90% of respondents reporting they use AI tools not formally introduced by their employer.
Mike Burle (pictured) will lead a new specialty division and Meghan Walker has been named divisional director for marine and aviation, Liberty Specialty Markets has announced.
The Insurance Charity is encouraging those working in insurance to highlight its services to colleagues, particularly those with human resources, wellbeing, or line management responsibilities.