AXIS Capital Holdings Limited, the global specialty underwriter and provider of re/insurance solutions, has hired Simon Dejung as Chief Underwriting Officer, Global Cyber & Technology (GCT), effective immediately.
In the role, he will be based in Zurich, Switzerland, reporting to Lori Bailey, Head of Global Cyber & Technology
As CUO, GCT, Dejung will hold responsibility for overseeing underwriting profitability across the GCT global platforms, which includes North America, Europe, and the London market.
AXIS Capital also noted that he will play a key role in helping drive strategy and elevate standards in underwriting and enterprise portfolio management.
Dejung joins AXIS Capital from reinsurance giant SCOR, where he spent 13 years, most recently serving as the company’s Cyber Chief Underwriting Officer.
Prior to joining the insurance sector, Dejung held senior technical roles across various sectors, including science, engineering, and energy.
It is very clear that this prior experience equips Dejung with valuable first-hand understanding of customer needs around operational risk including cyber risk management.
Bailey, commented on the appointment: “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.”
Adding: “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.”
