Howden strengthens newly formed US cyber practice after acquiring the intellectual property assets of predictive company Cybeta.
Gross reinsurance revenue at group level came to $7.63bn (€6.5bn) at the end of March, versus €7bn a year earlier, down 7.2%.
The deal is intended to support the long-term provision of legal malpractice insurance to lawyers in Ohio, US, by bringing together OBLIC’s position in the Ohio market with ALPS’ national platform and infrastructure.
The operation is built on Verisk’s policy system alongside Applied Systems Europe’s Applied Rating Hub.
