The product is tailored for U.S. companies with revenue between $150 million to $2.5 billion, and offers comprehensive cyber insurance protection with risk mitigation and remediation services.
The product has been designed to provide cyber insurance protection across a range of client industries. It will be written out of Validus Specialty’s operations.
Jackie Lee, Validus Specialty’s vice president of Cyber Technology and Errors & Omissions, leads the Cyber and Technology insurance group with more than 18 years of experience in the insurance sector, primarily in cyber technology and errors & omissions (E&O). The group also includes Senior Underwriter Mary Spicer, who previously held roles at Aon Risk Services and Nationwide specializing in Cyber and E&O risks, and Underwriter Kevin Masone, who joins Validus Specialty from Nationwide.
Validus Specialty offers a range of E&S and admitted insurance coverages and operates on behalf of Western World Insurance Group and Talbot Underwriting Ltd., through Syndicate 1183.