Tokio Marine HCC’s Cyber & Skilled Traces Group (CPLG) has appointed Catherine Lyle as senior vice chairman and head of the cyber claims and incident response division.
Within the newly created place, Lyle will report back to CPLG president Michael Palotay.
She will likely be liable for managing and growing the cyber claims division and incident response group of the group.
Palotay stated: “Catherine is a unprecedented expertise whose mastery of cyber claims and protection throughout a number of carriers will likely be essential to our success within the subsequent progress section.
“Her cyber information provides one other layer of threat experience to our group as we proceed to deliver best-in-class safety options to the people and companies we defend.”
Lyle has greater than 20 years of expertise within the insurance coverage sector.
Previous to becoming a member of Tokio Marine, she was the claims head at Coalition. Throughout her time at Coalition, Lyle performed a key position in increasing the claims group in a span of some years.
She additionally targeted on the decision of cyberattacks and collaborated with underwriting to ensure exact coverage wording for insureds throughout her tenure at Coalition.
Commenting on the brand new position, Lyle stated: “Tokio Marine HCC has an unimaginable duty to mitigate cyber threats and restore assaults so that companies can return sturdy into the economic system and assist propel progress.
“I look ahead to utilizing the information that I’ve realized from leaders across the globe to construct upon the corporate’s current claims-handling construction and work with brokers and insureds in order that maximum-protection insurance policies are in place.”
Earlier this month, Tokio Marine entered a collaboration with Clir Renewables to ship data-driven threat assessments for renewables insurance coverage providers in Brazil.