CyberGuide - Information Security and Cyber Risk Management

PartnerRe

Andrew Laing
Wellesley House South
90 Pitts Bay Road
Bermuda, Bermuda HM08
441.292.0888
[email protected]


About PartnerRe:

PartnerRe is a leading global reinsurer, backed by long-term private ownership. We work in partnership with insurance companies and brokers to protect businesses around the world against cyber risk. We are a major provider of reinsurance capacity in this sector.

We develop customized reinsurance solutions for all types of cyber risk, from data breach to property damage, and for all aspirations. Our clients may be looking to expand their business by introducing an innovative new cyber product in a market. We can help with that. They may be looking to protect or grow an established book of cyber business. We can help with that.

In the fast-changing world of cyber exposures, our expert, multi-disciplinary cyber teams support clients with a refreshingly proactive, forward-looking approach. Optimally structured and backed by substantial available capacity, our solutions reduce our clients’ earnings volatility, strengthen their capital position and enable them to seize growth opportunities.

We are active in attending and hosting events that bring together cyber professionals, and in helping our clients to keep track of the latest developments and challenges through our annual survey of the cyber insurance market, carried out in partnership with Advisen.

How can we help you? To find out more about cyber risk solutions from PartnerRe, please contact Andrew Laing ([email protected]) for Cyber P&C Worldwide, Ho-Tay Ma ([email protected]) for Cyber P&C North America, Christopher McEvoy ([email protected]) for Cyber P&C Europe, and Virginie Wyka ([email protected]) for Cyber Specialty Property Europe.

Survey Answers

Target Client Size
all company sizes
Does US business in
Northeast, Southeast, Midwest, Southwest, West
Does international business in
Canada, Continental Europe, Asia, South America, Africa, Australia/New Zealand, Mexico, United Kingdom
Primary Service Offering
Reinsurance Carrier
When did your company start writing cyber reinsurance?
2010
Does your company provide facultative reinsurance for cyber risks?
No
Do you offer cyber aggregation models or tools to your cedants?
No
How many of your underwriters support stand-alone treaties?
4-6
Approximately what percentage of your cyber-related claims were covered by standalone cyber treaties and treaties that include several lines of business including cyber?
Standalone cyber treaties: 81%-90% Treaties that include several lines of business including cyber: 11%-20%
Does your company support cyber aggregate stop-loss structures?
Yes
Does your company support treaties with non-U.S. based business?
Yes