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The former financial lines CUO will start at the end of the month and be based in Switzerland.
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A new framework devised by the carrier shows hidden cyber exposures across contingency, property BI, A&H and property covers. -
EC documents do not give details of individuals, but said the ringfenced team ranges in seniority.
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Zurich’s Boston-based global head of cyber risk Lori Bailey is set to leave the business, Inside P&C understands.
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Anthony Cordonnier will join the firm in the second half of 2021.
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The move comes amid increasing market-wide concern over exposure to ransomware.
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The broker’s latest report points to big opportunities in cyber re and retro.
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The practice leader had overseen the London arm of the RSG Underwriting Managers cell since 2018.
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The potential for a wave of class actions as a result of biometric data privacy laws has the cyber market on alert.
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The insurer said the attack impacted certain CNA systems, including corporate email.
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The initiative is designed to improve trading efficiency and reduce data double-entry.
