Sompo International Holdings, a Bermuda-based provider of property and casualty insurance and reinsurance, has announced the expansion of its cyber insurance capabilities. The company has launched a dedicated US team focused on cyber offerings, an enhanced cyber and professional liability product, and an expanded suite of cyber risk management services.
The dedicated team of underwriters, focused exclusively on marketing and underwriting Sompo International’s cyber products, will complement the E&O and professional services product available through Sompo Pro, the company’s professional liability insurance unit. The practice will be led by Jeff Kulikowski, senior vice president of cyber and E&O underwriting, and Richard DePiero, senior vice president and US cyber product leader.
The cyber team will offer a Premier Professional policy that provides companies of all sizes and industries access to a full range of professional liability and cyber coverage for General Data Protection Regulation (GDPR) violations, non-malicious system failures, unintentional breaches of contract and IT…
