Tokio Marine HCC has appointed Des Burke as its new chief information officer. Mr. Burke joins from Lloyd’s, where he was global CIO and head of change before becoming chief technology officer, leading the Future at Lloyd’s initiative.
He said: “The ability to drive and implement technology change has always been exciting to me. The insurance industry is undergoing significant change and may be one of the few remaining sectors with potential for major transformation that can really impact the business end to end. Understanding the business agenda and then bringing technology to make it even better really drives me. I have always operated as the link between business and technology, and I look forward to driving practical change at Tokio Marine HCC, creating a platform that allows the business to continue performing at a high level and effectively supports each of our team members.”
With more than 30 years’ cross-sector experience in information technology Mr. Burke’s career has included roles at Morgan Stanley, BP and Prudential.
He will report to specialty lines CUO, Thibaud Hervy.
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Financial institutions were early adopters of cyber security and insurance. Are they still on top of the game?
Managing huge amounts of sensitive data online makes financial institutions a prime target for hackers. As such, the sector was an early cohort for insurers in creating cyber cover. Since then, the market has evolved almost beyond recognition. It continues to challenge itself to this day, complying with rigorous regulatory demands and implementing avant-garde enhancements to keep abreast of the ever-changing risks.
Manufacturing: An industry at risk amid great technological change
Of the many sectors of business, manufacturing companies are among the most at risk from cyber threats. How has the sector evolved to make it so vulnerable and what does the task of managing cyber exposure in a manufacturing company look like? CIR’s latest podcast with Tokio Marine HCC sought to answer all these questions and more. Published April 2021
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