Beazley has unveiled a new leadership structure within its global cyber & tech underwriting team. It aims to support greater knowledge sharing and collaboration between the team globally, future growth and continued development of innovative services and insurance solutions to tackle the borderless threat posed by cyber breaches.
As previously announced, Paul Bantick, who currently leads the London market & international cyber & tech team, will take on global responsibility for cyber & tech from July 1st, 2020. The new leadership team also includes:
Bob Wice: Currently head of US cyber & tech, Bob will now lead global underwriting management for the team. In this role he will work with the cyber & tech underwriting team to drive continued and efficient growth.
Kristen Dauphinais: Kristen will be promoted from head of US middle market cyber & tech to head of US cyber & tech. Her responsibilities will include all middle market and large risk underwriting in the US.
Alec Cramsie: A newly formed London wholesale team will be led by Alec. He is currently head of London market US cyber & tech. In his new role, Alec will be responsible for all US and international business placed in London.
Alessandro Lezzi: Alessandro will continue as head of international cyber & tech. Alessandro’s underwriting responsibility spans Canada, the UK regions, Europe, Asia and Latin America. He is responsible for Beazley’s international cyber & tech strategy and distribution and will chair the London wholesale and international management team.
Paul Bantick said: “As the risks facing insureds become more complex, our new cyber & tech leadership team strengthens our ability to take a global approach to managing and underwriting these risks for clients and brokers. Our team will be working closely with the wider cyber & executive risk team to provide solutions that address the array of risks that boardrooms face today.”
With Beazley’s 360° approach, cyber clients have access to a comprehensive set of services, products and solutions, which are beautifully designed to protect their business from the dangerous world of cyber risks. Beazley’s cyber offering continues to grow globally. We recently rolled out enhanced policy wordings in both Singapore and Spain that aims to make policies simpler for both brokers and clients with fewer endorsements to the main policy.
On June 18th the team was awarded Cyber Insurer of the Year and Pre-breach team of the Year at the Advisen Cyber Risk Awards and voted #1 in cyber claims by risk managers in Advisen’s 2020 Claims Survey. These awards are a testament to our commitment to continue to evolve our coverage and services to address emerging cyber threats while maintaining our unique policy structure that had made Beazley a leader in cyber insurance since 2009.
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