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Brit launches US cyber insurance team

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Brit Ltd. said Wednesday it has launched a new Chicago-based cyber and technology team for Brit Global Specialty USA. 

The launch of a U.S.- based cyber team will offer “local expertise and service to meet the growing demand for cyber and technology products in the U.S. (small and medium enterprise) sector,” the London-based specialty insurer and reinsurer said in a statement. 

In addition, Chicago-based Michael Carr was named senior vice president, to lead the cyber and technology team. Previously, Mr. Carr was technology practice leader for Argo Group International Holdings Ltd., according to the statement.