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IGI Announces the Launch of Cipher, A Specialty Treaty Reinsurance Platform Focused on Cyber

$IGICPress releaseSep 1, 2026, 9:00 AM ETRead the release

IGI launched Cipher Underwriting Ltd., a Bermuda-based managing general agent dedicated to providing specialty cyber treaty reinsurance solutions globally. The company holds a 60% ownership interest in Cipher, which will be led by industry veteran Ari Chatterjee and is subject to regulatory approval by the Bermuda Monetary Authority.

Key figures

Ownership percentage
60

AI analysis

Red flags1 · Pro

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    IGIC: IGI Announces the Launch of Cipher, A Specialty Treaty Reinsurance Platform Focused on Cyber — AI Analysis | Signal8