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The carrier is looking to boost specialty income to around 40% of overall premium.
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Cyber will be the only line Inigo enters this year after pushing into several new lines last year, including FI, aviation war and onshore energy.
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A variety of challenges remain, including the operation of Russia’s ‘shadow fleet’ for oil transport.
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The carrier has been recruiting for the position following Steven Farr’s move to Tokio Marine HCC.
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Capacity and competition are limiting underwriters’ ability to continue pushing for double-digit rises.
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Based in Stamford, Connecticut, the executive will oversee the carrier’s cyber fac and treaty operations reporting to NA CEO Brian Quinn.
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Emily Taylor joined Hiscox as a senior underwriter in 2020.
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Argo has also hired former RLI surety head Greg Chilson as an adviser.
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Trium cyber is the first monoline cyber vehicle to be approved by Lloyd’s, and began writing business in January.
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According to the latest cyber and E&O report from Aon, premium rates in 2023 are expected to be more competitive than the last 24 months.
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Andrew Moulton becomes executive underwriter for marine, and Jessica Pearson is now cargo class underwriter.
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Sean McGovern said the appointment was part of an “important strategic initiative” for the company.