Gallagher Re, the global reinsurance broker, today announces that Liz Kim has joined its 40-plus-strong cyber reinsurance team, continuing its strategic investment in industry talent and specialist expertise to best meet the rapidly evolving needs of clients and widening exposures.
Operating out of San Francisco, Liz will further enhance the support and service of clients based on the US West Coast, complementing the specialist resources already built in New York, as well as Gallagher Re’s dedicated cyber teams in Bermuda and London. While collaborating with the global cyber consultancy, analytics and alternative cyber solutions teams on a range of innovative initiatives, Liz will also work closely with Gallagher Re’s wider and extensive team of US-based colleagues.
Liz joins from Hiscox where she most recently held the role of group director of cyber underwriting, responsible for global cyber underwriting strategy including exposure management, coverage developments, pricing, claims performance and reinsurance strategy, as well as the execution of silent cyber reduction plans.
An attorney by profession since 1997, during which time she primarily practised in insurance, Liz brings 15 years’ direct industry experience having subsequently transitioned into the company side of insurance. As head of claims for Hiscox’s TMT division, Liz was responsible for managing all of its technology, media and cyber claims at a time when technology-related risks were in their first decade of evolution, before she moved into product innovation and development.
Ian Newman, Global Head of Cyber at Gallagher Re, commented: “Liz’s 15 years of industry experience are as broad as they are deep, spanning underwriting strategy, product development and coverage, alongside exposure management, legal and claims. She is a recognised name within the cyber market and we are thrilled to welcome her into our team.
“Our customer base is growing rapidly in size and spreading across territories and we strive to stay close to them. So Liz brings not only a wealth of complementary skills and experience from the wider cyber market, but a natural extension onto the West Coast of our on-the-ground cyber reinsurance specialisms.
“Most importantly though, in this specialist line, our focus is always competency-led. It is clear Liz’s experiences and expertise will add significant value to our cyber consultancy and cyber analytics practices and, as a consequence, our customers.”