daljitt-barn_tokio-marine1
Daljitt Barn; Source: Tokio Marine
3 September 2018Insurance

Tokio Marine swoops for Munich Re head of cyber innovation

Insurance group Tokio Marine Holdings (TMH) has appointed Munich Re's Daljitt Barn to the newly-created post of global head of cyber risk.

Barn was most recently head of cyber innovation and consulting services at Munich Re, where he was instrumental in setting up the cyber team within corporate underwriting, creating a Munich Re-wide cyber community and developing the group-wide cyber insurance strategy, according to a corporate statement. Prior to that, he was cyber director at PwC where he built and managed the cyber risk team in the insurance and investment management sectors.

In his new role based in London, Barn will be responsible for the development of Tokio Marine Group’s cyber strategy. He will help with cyber risk quantification and control, as well as innovation and partnership opportunities.

Kuni Fujii, TM Group CRO, said: “We are delighted that Daljitt has joined the Tokio Marine Group. Cyber risk presents the insurance industry with both an opportunity and a threat and he will be critical to Tokio Marine as we continue to develop our presence and understanding in this important area.”

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18 September 2018   Tokio Marine Kiln (TMK) has appointed Reeken Patel as chief financial officer (CFO), replacing James Dover who is leaving the business after 12 years in the position.
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10 August 2018   Japan-based Tokio Marine Holdings reported ordinary profit of ¥138.06 billion ($1.24 billion) for the first quarter of its 2018 financial year (April-June), up 11.7 percent year on year.
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7 August 2018   San Francisco-based insurtech startup MetroMile has entered into a strategic partnership with Tokio Marine Holdings following a $90 million investment by the Japanese property/casualty insurer and Intact Financial.