Gallagher Re looks to Hiscox for global cyber expansion

Global reinsurance broker  Gallagher Re has hired Hiscox’s group director of cyber underwriting to help expand its global cyber practice.

Liz Kim (pictured) will be based in San Francisco and work closely with Gallagher Re’s dedicated cyber teams in the US, Bermuda and London, while collaborating with the global cyber consultancy, analytics and alternative cyber solutions teams on a range of initiatives.

Kim brings 15 years’ direct industry experience to the role. She joins from Hiscox where she most recently held the role of group director of cyber underwriting, responsible for global cyber underwriting strategy including exposure management, coverage developments, pricing, claims performance and reinsurance strategy, as well as the execution of silent cyber reduction plans.

Previously as head of claims for Hiscox’s TMT division, Kim was responsible for managing all of its technology, media and cyber claims, before moving into product innovation and development.

Ian Newman, global head of cyber at Gallagher Re, said: “Liz’s 15 years of industry experience are as broad as they are deep, spanning underwriting strategy, product development and coverage, alongside exposure management, legal and claims. She is a recognised name within the cyber market and we are thrilled to welcome her into our team.

“Our customer base is growing rapidly in size and spreading across territories and we strive to stay close to them. So Liz brings not only a wealth of complementary skills and experience from the wider cyber market, but a natural extension onto the West Coast of our on-the-ground cyber reinsurance specialisms.”

“In this specialist line, our focus is always competency-led,” said Newman.

“It is clear Liz’s experiences and expertise will add significant value to our cyber consultancy and cyber analytics practices and, as a consequence, our customers.”

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