Lockton swoops for AIG veteran for top cyber and tech leadership role in US

Global re/insurance broker  Lockton has tapped a 20-year industry veteran from AIG to lead its cyber and technology practice in the US.

Michelle Faylo (pictured) is joining Lockton, where he will lead a team of cyber specialists building innovative solutions for global businesses that face increasingly complex cyber risks.

A 20-year veteran of the insurance industry, Faylo comes to Lockton from AIG, where she most recently was North America head of cyber & professional liability. In this role, she managed a team of more than 60 specialists focused on the evolving cyber and professional liability marketplace.

During her time at AIG, she managed relationships with clients of all sizes and across multiple industries, developing customised solutions to critical cyber risks. She also managed AIG's relationships with leading cybersecurity and technology risk vendors. Before joining AIG in 2006, she worked as a client advocate at Willis.

“Michelle is one of the foremost cyber and professional liability practitioners in the industry, with a proven track record of helping clients understand and address their dynamic cyber and technology risks,” said Devin Beresheim, executive vice president, specialty practices, Lockton. “We're delighted to bring her leadership and expertise to Lockton's Cyber & Technology Practice.”

Faylo commented: “As businesses make greater use of technology and their cyber risks grow more complex, effective insurance and risk management have become all the more important.

“ Lockton's entrepreneurial spirit and client-first focus has helped it become a trusted voice in the world of cyber and technology risk. I'm excited to join its industry-leading team and build on that momentum.”

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