Tokio Marine HCC strengthens cyber-practice

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In his new role, Bovicelli will focus on identifying cyber trends, current threat techniques and intrusions, while building on the group’s existing cyber risk management and underwriting strategies. He joined the company from the University of Southern California, where he served as the Senior Cyber ​​Threat Intelligence Analyst.

Savage will focus on customer recovery from a cyber attack and manage the group’s response to a customer’s cyber incident, covering everything from immediate attack response to overnight crisis and media management. His previous experience in the field includes cyber claims management roles at Rockville Risk Management and Hartford Steam Boiler.

“Having the ability to accurately forecast and respond effectively to cyber threats is at the heart of what we do at Tokio Marine HCC,” said Michael Palotay, Underwriting Director for Cyber ​​& Professional Lines Group. “We’ve been at the forefront of developing cybersecurity capabilities since the early days of this market, and the investments made over the past 12 months – including the appointments of Alex and Richard – show that we don’t ‘have no intention of withdrawing from this leadership position. “

Read more : Tokio Marine joins forces with CyberCube

Cyber ​​& Professional Lines Group currently generates $ 170 million in gross cyber bounties through more than 600,000 business customers in the United States, the company said.

“There are not many players in the cyber market who have the experience, scale, financial security and track record of constant evolution that we have within the Cyber ​​& Professional Lines group” said Rich Robin, president of Cyber ​​& Professional Lines. Group. “We have always been at the forefront of the use of emerging technologies, and this will continue as we work to identify and forecast the evolving threats facing our customers. These new positions and other related investments will help us continue to improve the value proposition for our clients.


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