16 October 2017Insurance

AmTrust at Lloyd’s adds cyber innovation underwriter

AmTrust at Lloyd’s (ATL) has appointed Rachel Anne Carter as cyber innovation underwriter, based in London.

Carter will work with the cyber underwriting team on the development of new cyber offerings and the enhancement of existing products. She will also focus on product wording and educational initiatives helping the business and their partners with an understanding of cyber threats.

Before joining AmTrust, Carter ran a consulting business focusing on terrorism and cyber insurance innovation. She has worked with the Organization for Economic Cooperation and Development (OECD), Pool Re, Lloyd’s, Tokio Marine Kiln and was a subject matter specialist for Cambridge University Centre for Risk Studies. She also co-founded and currently manages the Journal of Terrorism and Cyber Insurance.

Carter will report to Matt Northedge, head of cyber, AmTrust at Lloyd’s, working with underwriters Laura Pennick and Adam Holdgate, both of whom joined the AmTrust at Lloyd’s team in the last year.

Northedge said: "I’m delighted to welcome Rachel to ATL. Adding her expertise and reputation to our team contributes to our ongoing plan to improve our range of products, respond to market and client demand in this area, and manage new and upcoming risks. As a relatively new team we seek to embrace innovation and be in the vanguard of product development within the market."

Peter Dewey, CEO of ATL, commented: "Rachel is our third hire in recent months and another valuable asset added to our growing Cyber team. This move represents further success in achieving our goal to establish AmTrust at Lloyd’s as the cyber centre of excellence within the AmTrust Group and as a leader in this developing field."

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