Beazley reshuffles cyber & executive risk leadership with departure of Donovan

Specialist insurer Beazley has appointed Bethany Greenwood as global head of cyber & executive risk (CyEx) from July 2020, succeeding Mike Donovan who has decided to retire after 15 years with the company.

Additionally, Paul Bantick, who currently leads the London market & international cyber & tech team, will take on global responsibility for cyber & tech from July.

Greenwood will join Beazley’s executive committee. She joined Beazley in September 2019 to lead the London market and US-based executive risk team, focusing on a range of products including US directors & officers (D&O) and employment practices liability.

In a career spanning more than 20 years, Greenwood has worked extensively across management liability lines, including D&O, errors & omissions and cyber programmes.

Andrew Horton, Beazley CEO, said: “I am delighted Bethany Greenwood has accepted the role of head of cyber & executive risk. Bethany has quickly established herself as a widely respected leader within CyEx with the skills needed for the future of the team.

“Paul Bantick’s deep expertise in the cyber space and track record for building strong underwriting propositions around the world will be of tremendous value as we continue to build our global capability.

Horton added: “I would also like to thank Mike Donovan for his invaluable contribution to the business. Mike has played an instrumental role in Beazley’s growth in the US and also across the group as a member of the executive committee. Bethany, Paul, Mike and the CyEx leadership team will spend the coming months working together to ensure a smooth transition.”