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Beazley appoints head of world cyber digital dangers

Beazley appoints head of world cyber digital dangers | Insurance coverage Enterprise America

Exec will set technique for all cyber enterprise within the sub-$250 million phase

Beazley appoints head of global cyber digital risks

Specialty insurer Beazley has introduced the appointment of Patricia Kocsondy (pictured above) as head of world cyber digital dangers, efficient Jan. 1.

In her new position, Kocsondy shall be liable for setting the worldwide product and distribution technique for all of Beazley’s cyber enterprise within the sub-US$250 million phase, the corporate mentioned. She is going to report back to Paul Bantick, world head of cyber dangers.

Beazley mentioned that the newly created position will make sure that its services and products are tailor-made to the distinctive wants of the sub-US$250 million phase. The corporate mentioned the transfer would profit its dealer companions whereas enhancing entry to its cyber ecosystem.

Kocsondy at present serves as head of US cyber and expertise at Beazley, a job she has held since 2021. The corporate mentioned the seek for her successor in that position would start instantly.

“Beazley’s cyber underwriting continues to develop,” Bantick mentioned. “At present we underwrite greater than $1 billion of cyber premium globally and count on important development within the sub-$250 million market within the coming years, making now the precise time for a cyber chief of Patricia’s expertise and talent to go the continued growth of our cyber providing for this necessary phase of enterprise.”

In October, Beazley introduced the appointment of Brenna Westinghouse as company head of technique.

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