Tokio Marine Kiln, has established a standalone Cyber and Enterprise Risk division. Led by Laila Khudairi, the new division comprises cyber, technology and intellectual property specialisms.
TMK has been writing cyber risk since 2006 and launched its flagship policies – Cyber CTRL and Cyber CTRL Physical Damage – ten years later. The team recently collaborated with TMK’s Life Sciences team to deliver IntelliMed; thought to be the first life sciences product to combine cyber and intellectual property cover with life sciences coverage under one policy. IP remains a strong focus under the leadership of Aoife Woulfe, head of intellectual property.
TMK bolstered the team with the appointment of Luke Fardell into the new role of cyber security specialist, in 2023. Luke spent 15 years working in intelligence roles for the Ministry of Defence before moving into the National Cyber Security Centre to lead digital forensics investigations and incident response for public and private sector networks globally. Cyber underwriters Luke Ogunlaja and Kieran Shiret joined the team last year.
It is understood that further appointments are in the pipeline.
Commenting on the changes Laila Khudairi, head of Cyber and Enterprise Risk at Tokio Marine Kiln, said: “We have bold plans for cyber and IP and this change supports that. Our exceptional underwriting team pride themselves on their strong technical expertise and on delivering outstanding client service. Within the fast-moving world of cyber, ransomware attacks and data breaches are once again rising in frequency, effectiveness and complexity. We have been writing cyber for almost two decades and we continuously look to innovate and offer our clients cutting-edge tools and services to help pre-empt and address, the threats that they face."
Printed Copy:
Would you also like to receive CIR Magazine in print?
Data Use:
We will also send you our free daily email newsletters and other relevant communications, which you can opt out of at any time. Thank you.
YOU MIGHT ALSO LIKE