Swiss Re Corporate Solutions appoints Sandy Codding as Global Head Cyber & Technology, effective immediately. In this role, Mr. Codding is responsible for overseeing cyber and technology underwriting guidelines, rating methodology, distribution relationships, product sales and new product development. Globally, he will focus on growing Swiss Re Corporate Solutions' offerings in the small and middle market space. Based in Boston, he succeeds François Brisson, who has been appointed Head Cyber & Technology EMEA, Asia Pacific and Latin America. Mr. Codding will oversee a global team of regional underwriters.
"Sandy is a well-known expert in the cyber and E&O space," states Philippe Aerni, Head Financial & Professional Lines, Swiss Re Corporate Solutions. "The market for cyber insurance continues to grow, and we feel confident that, with his experience, Sandy will be able to make our global team more agile and efficient to meet our clients' needs."
Mr. Codding brings over 30 years of industry experience to this role. He has held various positions in underwriting and product development. Most recently, he was a broker helping clients assess their risk profile, design risk transfer strategies, and place insurance for cyber and tech risks.
An American national, Mr. Codding holds a Bachelor of Arts in Economics & Business from Colby College in Waterville, Maine.Swiss Re Corporate Solutions provides financial protection from a wide range of cyber and tech exposures including privacy events, network security breaches, and tech and media liabilities, as well as data breach expense, network extortion and network business interruption cover. The company's dedicated Cyber & Technology team has staff in Boston, New York, Cologne, Paris and Zurich.
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Cyber threats are evolving rapidly. Recent high-profile cyber-attacks demonstrate that the extent of associated possible losses is also broadening, increasingly comprising both physical and financial damage.Learn more
How often has your data been hacked? Have you received a notice from your bank recently about suspicious transactions? Have youalready adapted to the “new reality” of data (in)security? Although the topic of cyber security is much broader than the data breach example, the media focus is usually on data breaches, which occur at a much higher frequency than other cyber events. Because data breaches also, so far, generate most of the cyber-related insurance claims, we limit the scope of this publication to those types of events.Learn more
27 September 2018
24 September 2018