Industry observers often write about the paucity of historical loss data to help underwrite cyber insurance. Insurtech platforms are helping close the gap by collecting massive amounts of cyber security data to help the industry catch up.
Along with more data, major industry players continue to seek executives with cyber insurance expertise.
AXIS’ new hire demonstrates the industry’s growing bench of executives who can now offer years of experience in cyber.
“Ms. Bailey joins AXIS from cyber-focused MGA Corvus where, as Chief Insurance Officer, she led the risk capital and capital procurement strategy and was responsible for actuarial, catastrophe modeling, and captive management. She previously held senior positions at Zurich Insurance Group, leading the professional liability, specialty lines and cyber underwriting functions globally. She has also held underwriting and client advisory roles at AIG and Marsh.”
AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) announced today the appointment of Lori Bailey as Global Head of Growth wi
Source: AXIS Appoints Lori Bailey as Head of Growth for Global Cyber and Technology