This week's update includes insurance industry news from Beazley, Kroenke Sports & Entertainment, Orion180 and more. (Photo: Shutterstock)

Beazley launched Beazley Quantum. This new cyber consortium provides comprehensive cover for large corporates with a turnover in excess of $1 billion, infusing $100 million of new capacity into the cyber market. The consortium is led by Beazley's market-leading cyber underwriting and claims handling teams and is available on the Global Wholesale platform via Lloyd's.

insured.io introduced its next-generation omnichannel customer engagement platform, adding an array of new features, including AI-powered voice, enhanced mobile functionality and real-time claims updates. These advancements make it the industry's leading consumer front-end for mid-size P&C carriers and their demanding customers.

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