AXIS Insurance, the insurance arm of AXIS Capital Holdings, has announced the consolidation of its Global Cyber and Technology unit.
Led by AXIS’ Global Head of Cyber & Technology, Dan Trueman, the company says the restructured team will enable its cyber and technology insurance capabilities, underwriting expertise and claims services to be delivered more effectively.
With this change, AXIS is merging its U.S Cyber, Technology, Media and Miscellaneous Professional Liability businesses into a unified Global Cyber and Technology unit.
Trueman will continue to report to John Van Decker, President of North American Professional Lines and Global Lead, Professional Lines, for AXIS Insurance.
“We are launching this consolidated unit to ensure we effectively and efficiently deliver one single global approach to cyber and technology risks and thus increase the value that we provide to our clients and partners,” said Trueman.
“Both cyber and technology are borderless risks and with this global unit, we can utilize the international lens we have, and the wide AXIS international footprint, to leverage the full scope of our underwriting expertise and claims services.”
As part of the launch of this consolidated unit, AXIS has also announced the promotion of Drew Walter to the newly created role of Head of Cyber and Technology Underwriting Delivery, reporting to Trueman.
In this role, Walter will be responsible for ensuring that AXIS further grows its cyber and technology insurance underwriting capabilities to best fulfil client and broker needs. Walter previously served as a Senior Vice President for AXIS Pro.
