Cyber
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The deal adds to Aspen’s existing support of the InsurTech in the UK and Canada.
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Many carriers’ views on cyber are mixed, the agency said.
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The MGA will be offering $10mn limits for $300mn-$10bn companies.
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Dejung spent 13 years at Scor, most recently as cyber CUO.
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He was most recently cyber product leader at Zurich NA.
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It’s unsurprising, following the Corvus-Travelers transaction.
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In September 2023, Cowbell made the same number of staff cuts.
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The Coalition Cyber Threat Index predicts a jump in exploit-based cybercrime this year.
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The MGA will target small and mid-market firms and will also offer tech E&O products.
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Shannan Fort was a partner in McGill’s FI and cyber team.
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Laxner has prior experience at Ambridge, Converge, Axis, Markel and Chubb.
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