Products: Ascent Underwriting launched to tackle emerging cyber risks
Ascent Underwriting has been launched to provide coverage for emerging cyber risks. The Amlin-backed managing general agent (MGA) said it was targeting the full spectrum of client sizes from micro businesses to international corporations.
In addition, Ascent highlighted that through London Market brokers it will provide insurance products to clients on a worldwide basis and will specialise in writing coverage for non-tangible risks, including cloud computing, data privacy, network interruption, professional liability and intellectual property perils.
The first product has been primarily aimed at the USA, UK, Canadian and European markets and the MGA claimed it had been tailored to conform to specific and evolving regulation and
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