Aon Benfield, the reinsurance broker with offices in Bermuda, has appointed Luke Foord-Kelcey as co-head of its cyber practice group.
Foord-Kelcey will be based in London and will be responsible for spearheading cyber alongside co-head Bill Henriques, who had originally established the practice group.
Foord-Kelcey previously worked for Tindall Riley, where his roles included launching and managing Athena, which provides cyber and data privacy insurance and incident response management for professional services providers.
He has also served as JLT Specialty’s head of the communications, technology and media practice, and qualified as a solicitor at Barlow Lyde & Gilbert (now Clyde & Co).
Alongside this appointment, Mark Lynch, who is an expert in human risk modelling, is also joining the cyber practice group.
Lynch will move internally from Aon Benfield’s Impact Forecasting team to utilise his knowledge of non-catastrophe risk analysis including terrorism, rioting and drug cartel violence.
John Bruno, executive vice president of enterprise innovation and chief information officer, commented: “Cyber risk has become a leading issue for many organisations as awareness of cloud computing, social media, corporate bring your own device policies, big data, and state-sponsored espionage has grown and recently been amplified by President Obama's Cybersecurity Executive Order. As a firm, we are working with both our retail and insurer clients to help protect their businesses and create relevant solutions for this emerging risk.”
Eric Andersen, chief executive officer of Aon Benfield, added: “Luke’s appointment brings further impetus to the market’s drive to tackle cyber risk.
“This emerging class with unique characteristics requires Luke’s proven track record in this field to help our insurer clients to effectively protect their cyber business through specialist reinsurance programmes. We are excited to welcome Luke to the team as he will be a key asset to clients and Aon Benfield alike.”
Aon Benfield, Insurance, Reinsurance, Bermuda, Appointment, Luke Foord-Kelcey, Cyber, Bill Henriques, Risk management, JLT, Technology