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Acrisure Re, the reinsurance division of Acrisure LLC, announced Monday that it has launched a London-based cyber reinsurance division with Israeli cyber risk modeler Kovrr.
London-based Tom Quy will lead the new division as cyber practice leader; he has been a senior vice president with Acrisure since 2019.
Through the partnership, Acrisure Re will have access to Kovrr’s technology to assist in assessing cyber risk.
Acrisure LLC on Tuesday rebranded Beach & Associates Ltd., its reinsurance brokerage and London wholesale unit, as Acrisure Re and Acrisure London Wholesale.