Lloyd’s of London notes that more activity is being seen in the cyber insurance market Several high-profile cyber attacks on large companies have spurred more activity in the cyber insurance market, according to reports from Lloyd’s of London. The insurance company notes that claims in the cyber market have rose by 50% for the first three months of this year. More companies are becoming concerned with the digital risks that they face. These risks could result in serious financial damage, which insurance coverage may be able to mitigate, if policies…
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Insurance market has appointed its first female CEO
Lloyds of London has announced that Inga Beale will be taking the new top spot after Ward steps down. The giant insurance market, Lloyd’s of London has just announced the appointment of the first female chief executive in the history of the company, who will be replacing the current CEO who had announced in July that he would be stepping down from that position. The position of CEO will be taken on by Inga Beale in January 2014, according to a statement from the company. Ahead of her appointment to…
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