Peter Mendesund once said that “Writers closely observe the world and record their observations.” Lewis Carroll proved this when he penned Through the Looking Glass, the sequel to Alice’s Adventures in Wonderland.

As technology continues to advance, so do cyber criminal tactics, which threaten companies across the globe with ransomware, hacks, and data breaches on a scale larger and more threatening to business than ever.

Allianz recently released their Annual Global Claims Review (ACGS) which revealed some stunning percentage increases in contingent business interruption claims with causes as varied as the companies who filed them.

Hiscox, one of London’s leading cyber insurance providers, released their 2022 Cyber Readiness Report with key details regarding the state of premiums in the cyber insurance industry.

As hawkish monetary policy, domestic inflation, and geopolitical uncertainty overseas continue to roil public and private markets, commercial insurance carriers seem to be taking note and adjusting their underwriting standards and pricing guidelines accordingly.

The contemporary commercial insurance industry is a nearly 400-year old behemoth with many traditional practices ready for disruption, particularly now as technology evolves and the market moves to keep up with demand.

Apollo Brokers was founded with the mission of empowering insureds, retail brokers, and carriers to do business better together. Today, we are thrilled to take a big step forward in that mission: we are partnering with SecurityScorecard to enhance the cybersecurity posture of every insured.

We are very excited to announce that Tom Sheffield has joined Apollo Brokers as its Head of Insurance. Tom’s passion for building strategic and innovative insurance organizations has been a hallmark of his 30-year career. As a former Managing Director at NFP, he led the Specialty Services Group, Management and Professional Lines Group, and the Financial Institutions Group in increasingly senior leadership roles. Tom was also the former Head of Specialty Claims at QBE North America and previousl