Liberty Mutual Reinsurance has appointed Tom Spurgeon as global head of cyber reinsurance.
Spurgeon will report back to Susan Barber, head of monetary dangers, reinsurance, at Liberty Mutual Reinsurance.
Based mostly in London, Spurgeon (pictured) has been with Liberty Mutual Reinsurance for 9 years.
Liberty Mutual Reinsurance emphasised his cyber reinsurance management and London market profile by way of the Worldwide Underwriting Affiliation of London Cyber Reinsurance Committee.
In his new position, Spurgeon might be liable for the expansion of LM Re’s global cyber portfolio.
He will even work with brokers and shoppers to develop structured cyber options.
Spurgeon succeeds Ivonne Staisch, who has left the enterprise to pursue new alternatives.
Barber mentioned: “We’re delighted to announce Tom as our Global Head of Cyber Reinsurance at LM Re which is testomony to the funding in expertise at Liberty.
“In an more and more advanced threat setting, we’re dedicated to delivering tailor-made cyber options for our shoppers and brokers and Tom might be instrumental in persevering with to develop our global cyber portfolio,” she added.
