QBE North America has announced the launch of a new cyber insurance program with Converge, a new managing general agent (MGA) that will act as program administrator.
The program will be broken down into two separate distribution structures, ConvergeElements and ConvergeConnect. Each structure will have a distinct revenue focus and cyber security data access formation.
Danielle Librizzi, Head of Professional Liability and Financial Lines Programs, QBE North America, said: “Converge’s unique ability to access and analyse detailed cyber risk information aligns perfectly with our control-based underwriting approach.