David Rees joins employee-owned insurance broker R K Harrison to head a new, dedicated cyber practice within its specialist casualty team.
Rees joins R K Harrison from Marsh, where most recently he was a senior vice-president in their media/tech errors and omissions Department. Rees joined Marsh’s E&O team in 2005, focusing primarily on the needs of technology and telecom companies, as well as running the London intellectual property insurance team. He specialised in the placement of standalone cyber and tech E&O policies for a range of different industries around the globe.
Justin Whitehead, head of casualty solutions at RK Harrison, commented, "R K Harrison has had great success placing cyber policies. The market is developing quickly and we know that our clients will benefit from David’s expertise in this complex and fast moving area of risk."
Commenting on the market for cyber coverage, David said, ‘We expect to see even greater interest in standalone cyber coverage over the next few years, particularly as countries expand their regulatory framework to include US-style privacy notification laws. R K Harrison’s independence, as well as its experience and relationships in this area give it real ability to provide innovative products and services to our clients.’
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