AXA XL bolsters cyber team in the UK

Unit head says "it's important that we're able to support demand"

AXA XL bolsters cyber team in the UK

Cyber

By Terry Gangcuangco

AXA XL has expanded its cyber capabilities in the UK with a series of strategic hires across its underwriting and claims divisions.

Vanessa Leemans, who has led the insurer’s cyber operations in the country since joining as UK & Lloyd’s cyber head in 2022, widened her team to consist of eight cyber underwriters and two claims adjusters.

“As businesses are increasingly reliant upon digital platforms and cloud services, they’re becoming more vulnerable to cyber exploitation, and it’s against this backdrop that we’re seeing growth in the global cyber insurance market,” she said.

“In the London market, there is growth potential as we partner with London brokers and our large corporate clients globally with revenues exceeding US$500 million.

“It’s important that we’re able to support demand on primary and excess cyber insurance with cyber expertise. Cyber remains a top concern among our clients, and that’s why we’re expanding our UK cyber team.”

The latest additions to the cyber team include cyber underwriting manager Daniel Garrett, who joined from Berkshire Hathaway and brings more than 13 years of experience in cyber and technology underwriting.

AXA XL also welcomed senior cyber underwriter Dan Lander from Liberty Specialty Markets. Lander has years of experience, including six specifically focused on cyber underwriting.

Other new team members are cyber underwriters Adelaide Fragiacomo, Fred Kelleher, and John Wild, as well cyber claims adjuster Chloe Hargreaves.

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