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6 March 2024News

AXIS Capital taps SCOR for top cyber underwriter

AXIS Capital Holdings has hired a top underwriter from SCOR to strengthen its cyber and technology segment. 

The Bermuda-based re/insurer said it had appointed Simon Dejung as chief underwriting officer, global cyber and technology, effective immediately.

Dejung, who was cyber chief underwriting officer at French re/insurer SCOR, will be responsible for overseeing underwriting profitability across the GCT global platforms including North America, Europe, and the London market. 

He will also help to drive strategy and elevate standards in underwriting and enterprise portfolio management, the company said. He will be based in Zurich and report to Lori Bailey, head of global cyber & technology.

Dejung joins AXIS from SCOR where he spent 13 years, most recently serving as cyber chief underwriting officer. Before joining the insurance industry, Dejung held senior technical roles across various sectors, including science, engineering, and energy. 

"This experience equips Dejung with valuable first-hand understanding of customer needs around operational risk including cyber risk management," the company said.

“As we continue to develop elevated solutions that enable our partners and customers to prepare for, protect against, and respond to evolving cyber and E&O risks, our focus on underwriting excellence and portfolio management remains core to our success,” said Bailey. 

“Simon’s strong background in cyber and expertise in underwriting governance and reinsurance add tremendous value to our team as we target consistent, profitable growth. I’m delighted to welcome Simon to our leadership team.”

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More on this story

News
5 December 2023   The veteran re/insurer’s appointment is part of a multi-year succession plan strategy.
News
30 November 2023   The re/insurer says the new hire will drive growth on the Canadian reinsurance portfolio.
News
13 July 2023   Lauren Kent to be president of international division of Axis Re.

More on this story

News
5 December 2023   The veteran re/insurer’s appointment is part of a multi-year succession plan strategy.
News
30 November 2023   The re/insurer says the new hire will drive growth on the Canadian reinsurance portfolio.
News
13 July 2023   Lauren Kent to be president of international division of Axis Re.