In May, London-based CFC Underwriting announced that it had named James Burns as head of cyber. Mr. Burns now heads a team of more than 50 underwriters who are devoted to underwriting cyber risk for large corporate clients and SMEs.
When professional services firms are sued by clients, the likelihood of an insurance claim increases when the client suffers a significant loss. Now’s the time to get a grip on the claims landscape and prepare risk management tools to assess and address exposures.
Shortly after the New Year, Amazon, Berkshire Hathaway, and JPMorgan Chase announced their joint venture, Haven Health, would be shutting its doors. Haven’s goal was to make health care cost and delivery more transparent and economical for employers and employees alike.