16 October 2018Insurance

Liberty appoints Heinesch to develop its Swiss cyber book

Liberty Specialty Markets (LSM) has appointed Roland Heinesch as new cyber underwriter in its Zurich office, citing that the company is “seeing a real increase in demand” across the country.

Reporting to Switzerland general manager Felix Böni, Heinesch will be responsible for the development of the cyber book in Switzerland.

Prior to joining Liberty in 2015, Heinesch was a financial lines reinsurance underwriter for Munich Re and also a financial lines broker at Aon in Germany.

Böni said: "All the data points to an increasing frequency and severity of cyber-attacks on businesses around the world – and Swiss-based businesses are no exception to this. We have been writing cyber insurance in Switzerland for some years now, but we are seeing a real increase in demand. We want to be able to give our clients the local support that they require, so this is the right time to create a Zürich-based role to service that demand and build stronger relationships across the country.

“Roland has been working with us from London for several years and has made a very positive impact. His knowledge and expertise will be a considerable asset to our Swiss business."

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