Hiscox appoints special advisor on cyber security
Specialist insurer Hiscox UK and Ireland has appointed Robert Hannigan, a former director of intelligence and security agency GCHQ, as special advisor on cyber security.
Hannigan, credited with developing the UK’s first cyber security strategy and setting up the National Cyber Security Centre, will work closely with Hiscox and its specialist cyber division to provide market intelligence, staff training and inform the development of new and existing cyber products.
Hannigan’s new role will include advising the UK business on emerging threats and cutting-edge criminal techniques that could impact customers both now and in the future, as well as helping to educate staff and customers about the importance of managing cyber risk.
Steve Langan, chief executive, Hiscox Insurance, commented: “Our aim is not just to protect customers against the impact of cyber-crime, but to play a constructive role in helping them better manage and understand the evolving risks they face. As a specialist insurer with a focus on cyber security, it’s vital that we stay ahead of the curve, and the deep expertise and experience Mr Hannigan brings to the business will play a key part in ensuring this.”
Hannigan added: “The risks that cyber criminals pose, both to businesses and individuals in the UK are significant and sophisticated. Cyber-attacks are intrusive, costly and disruptive, which is why businesses and the public must be proactive in establishing a defence against them. In addition, the organisations that protect us – from insurers and software providers to UK regulators – must also evolve their understanding and defence against cyber-crime, and the sharing of knowledge through partnerships like this is central to that."
Get the latest re/insurance news sent to your inbox every day - Sign up to our free email newsletters
Allianz appoints new heads for Germany, Italy after resignation
M7.1 earthquake hits Mexico, insured cost from previous one at up to $1.12bn
Willis Re NA hires Third Point Re exec as chairman, appoints vice-chair from Marsh
Hurricane Maria to test Caribbean/Puerto Rican insurers
Hurricane Irma property damage at up to $65bn: CoreLogic
HISCOX appoints special advisor on cyber security
Arch shuffles leadership roles
