LIRG providing $15M of quota-share reinsurance to MGA - Business Insurance

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LIRG providing $15M of quota-share reinsurance to MGA - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers LIRG providing $15M of quota-share reinsurance to MGA by Matthew Lerner Agents and Brokers , Cyber Risks , Emerging Risks , Reinsurance , Technology Mar 26, 2026 Algorithmic Insurance Services, a broker doing business as LIRG, said Thursday it is providing $15 million of quota-share reinsurance to New York – based managing general agent DLT Alert. The reinsurance will support DLT Alert’s parametric cyber warranty program for cyber security solution system suppliers, to be launched next week, LIRG said in a statement. Ocean Re will provide capacity under LIRG’s new binding authority agreement with the reinsurer, together with a panel of insurers including Bermuda-based reinsurer Ensuro. DLT Alert’s warranties provide coverage for breaches at third-party suppliers. Policies pay out once DLT Alert detects specific cyber breach activity at a warranty holders’ technology vendors or suppliers. Payouts could occur within 24 hours of loss verification, Nick Lamparelli, chief program officer at Newport Beach, California-based LIRG, said in the statement. Related News Super Micro sued by shareholders over China-related criminal case March 26, 2026 South Korean insurers likely to pay $1.1B in Iran war-related payouts March 26, 2026 Philippines declares emergency as fuel supplies crimp March 26, 2026 Convex taps Onex CEO as chairman March 26, 2026 UAE insurance premiums grow 15% March 26, 2026 MS Amlin signs credit, political risk deal with WeSpecialty March 26, 2026 Iran ‘toll booth’ charges ships millions for safe passage March 26, 2026 Russian insurers’ aggregate profits up nearly 10% March 26, 2026 Chaucer, Ceto launch Lloyd’s marine MGA March 26, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.

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