IGI Announces the Launch of Cipher, A Specialty Treaty Reinsurance Platform Focused on Cyber
IGI announced the launch of Bermuda-based Cipher Underwriting Ltd., a specialty treaty reinsurance managing general agent focused on providing dedicated cyber treaty underwriting expertise and solutions globally. The commencement of Cipher's operations remains subject to applicable regulatory approvals.
Why it matters — This expands IGIC's reinsurance footprint into the growing specialty cyber treaty market, diversifying its underwriting capabilities on a global basis.