Beazley hires Aon cyber broking head

Specialist insurer Beazley has hired Alec Cramsie to head the underwriting of US risks for its technology, media and business services (TMB) team in London.

He will report to the London TMB focus group leader, Paul Bantick.

Cramsie will be joining Beazley from Aon, where he has worked for the past 13 years, most recently as head of broking for the cyber and commercial E&O team. In this capacity he was responsible for programme design and placement for technology & media E&O insurance, cyber, network risks & privacy insurance for Aon’s USA, UK and international clients.

“I am delighted that Alec will be joining our team,” said Bantick. “He knows our market, he knows our products and, above all, he knows what clients are looking for. We see a huge opportunity for the cyber insurance market to continue growing in the US and Alec will help ensure that Beazley maintains its leadership position in the market.”

Cramsie said:  “I have worked closely with Paul and the team from Beazley for many years and am very excited to be joining the most forward-looking insurer in the London market. Beazley enjoys a global reputation as an innovator in cyber insurance and I am confident we can build on that.”