Navigators hires global cyber leader to target expansion

Specialty re/insurer Navigators has appointed Jacob Ingerslev to the newly-created position of global practice leader for cyber liability.

In his new position, Ingerslev will be responsible for leading Navigators’ cyber liability practice. He will focus on enhancing the company’s suite of cyber and technology insurance products and expanding their reach.

He will report to the president of US insurance Vincent Tizzio, and President of international insurance Michael Casella.

Ingerslev most recently served as an advisor to global cyber security software provider Symantec. Prior to that, he has held leadership positions at CNA, Chubb, Zurich and Gerling Scandanavia.

Tizzio said: "As the economy has become increasingly interconnected, so have the cyber exposures of single-country and multinational corporations.

"Under Jacob’s leadership, the Navigators global cyber initiative will combine the strength of our global presence with our commitment to providing tailored solutions for nuanced insurance needs, helping insureds manage their risk wherever they operate and face potential cyber liability exposure."

Casella added: "Cyber risks are uniquely borderless, both in terms of geographic reach and how these exposures fit into traditional risk-transfer products. Jacob’s experience and expertise make him uniquely qualified to manage our growth in this fast-growing marketplace, and to deliver deep perspective and significant value to the clients we serve."

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