The insurance business segment of AXIS Capital Holdings Limited has launched a consolidated global cyber and technology unit.
Led by Dan Trueman, global head of cyber and technology, the unified global team will enable AXIS to more effectively deliver the full range of its cyber and technology insurance capabilities, underwriting expertise, and claims service to clients and brokers around the world, the company said in a statement.
The global cyber and technology unit is part of AXIS's insurance professional lines division. With this change, AXIS is merging its U.S. cyber, technology, media, and miscellaneous professional liability businesses into a unified global cyber and technology unit. Mr. Trueman will continue to report to John Van Decker, president of AXIS's North American professional lines business and global lead for professional lines for AXIS's insurance operations.
“We are launching this consolidated unit to ensure we effectively and efficiently deliver one single global approach to cyber and technology risks and thus increase the value that we provide to our clients and partners,” said Mr. Trueman. “Both cyber and technology are borderless risks and with this global unit, we can utilize the international lens we have, and the wide AXIS international footprint, to leverage the full scope of our underwriting expertise and claims services.”
As part of the launch of its consolidated global cyber and technology unit, AXIS also announced the promotion of Drew Walter to the newly created role of head of cyber and technology underwriting delivery, reporting to Mr. Trueman. In this role, AXIS said, Mr. Walter will be responsible for ensuring that AXIS further grows its cyber and technology insurance underwriting capabilities to best fulfill client and broker needs.
Learn more: www.axiscapital.com/insurance.