Old Republic forms new cyber and technology insurance company

Old Republic International Corporation has announced the formation of a new underwriting subsidiary, Old Republic Cyber, Inc., which will offer cyber and technology errors and omissions (E&O) insurance products.

The new company will be led by CJ Pruzinsky as President and Kevin McGowan as Executive Vice President and Chief Underwriting Officer. Old Republic Cyber will focus on providing specialised coverage for cyber and technology-related risks.

Pruzinsky brings 18 years of experience in cyber insurance, having held key roles at AIG, Beazley, and most recently, Resilience. McGowan has 15 years of expertise in cyber underwriting, with a background at Ace, Beazley, and Resilience.

Craig R. Smiddy, President and CEO of Old Republic, said, “We are excited to have both CJ and Kevin join Old Republic and expand our underwriting expertise and appetite into new lines of coverage that align with our specialty strategy and our focus on underwriting excellence. We look forward to leveraging both CJ’s and Kevin’s leadership and industry knowledge with the Old Republic brand, resources, and financial strength.”

Old Republic Cyber is the seventh specialty company that Old Republic has launched in the past nine years, further diversifying and strengthening the Old Republic General Insurance Group.

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