CFC has launched an errors and omissions (E&O) insurance solution for US manufacturers.

Hiscox USA has appointed Mike Maletsky to vice president, practice leader, technology E&O and cyber, with the new hire joining from Embroker.

Berkley Service Professionals, a division of Berkley Alliance Managers, has launched a new manufacturer’s E&O product offering limits of up to $3mn for primary and $5mn for excess.

Axis Capital has brought in Pauline Morley from fellow Bermudian Argo to lead its E&O business in the US.

Cyber insurtech Resilience has launched technology errors and omissions (E&O) coverage for US organisations with $300mn to $10bn in revenue.

Mosaic Insurance’s cyber division has launched a primary technology errors and omissions (E&O) offering to protect tech businesses against liability risks.

Boston-based cyber underwriter Corvus has launched an expanded tech errors and omissions (E&O) product featuring an enhanced appetite backed by Travelers, along with the firm’s risk advisory and claims handling services.

Upland Capital Group has hired a Kate Walas-led team from Indigo Specialty Underwriters to spearhead the E&S carrier’s entry into the professional liability E&O sector and also recruited a pair of Validus Specialty staff to lead its push into the excess cyber liability segment.

E&S property rate increases slowed in the fourth quarter of 2023, but upwards pricing in excess and umbrella picked up amid a renewed effort from carriers to push for rate in response to concerns about loss cost trends, according to the latest REDY indices from wholesaler CRC Group.

San Francisco-headquartered insurtech intermediary Embroker has unveiled a new digital excess tech errors and omissions (E&O) product offering limits of up to $5mn.

Corvus and Core Specialty have reached an agreement for a new excess tech E&O and cyber program that will offer up to $5mn in limits for businesses with revenues up to $500mn, in a deal that marks the specialty insurer’s entry into writing cyber.

ProWriters has recruited Zane Goldthorp as director of broker development as the wholesaler and surplus lines broker targets further growth in the technology errors and omissions (E&O) and cyber segments.

Aon has observed a slight reduction in the frequency of cyber claims, according to its latest Errors & Omissions and Cyber Market Review, while the broker anticipates the first half of 2022 will continue to see severe rate increases with the potential for stabilisation in the second half of the year.

Westfield Specialty plans to enter primary E&O and cyber business as it continues the build-out of its WestfieldPro offerings and adds industry talent, including the recent hire of Sara Trokan from Chubb as senior vice president of specialty claims, The Insurer can reveal.

An AM Best survey of US professional liability insurers and brokers has revealed the variation in price increases across different segments and the expectation of a sizeable uplift in claims resulting from Covid-19.