Reinsurance News

AXIS names Lori Bailey as Global Head of Growth within Global Cyber & Tech unit

12th June 2023 - Author: Saumya Jain -

Share

AXIS Capital Holdings Limited has announced the appointment of Lori Bailey as its Global Head of Growth within the Global Cyber & Technology division. She will be reporting to Dan Trueman, the Global Head of Cyber & Technology.

axis-capital-logoIn this newly created position, Bailey’s remit includes shaping the team’s strategic direction. She will also be responsible for identifying, developing, and maximizing opportunities that complement the existing appetite as well as those within emerging areas of growth across geographies, products, and customer segments.

Trueman commented on the hire, “Lori’s reputation in the cyber sphere is second to none when it comes to shaping successful growth strategies and delivering rapid results.

“As we step up our ambition within the Global Cyber & Technology team to identify new markets and enhance our footprint in areas where we see greater opportunity to grow with our partners, Lori’s expertise and experience will be an enormous asset to us and the wider AXIS team. We’re delighted to welcome Lori on board.”

Prior to this, Bailey served at cyber-focused MGA Corvus as the Chief Insurance Officer. She led the risk capital and capital procurement strategy and was responsible for actuarial, catastrophe modeling, and captive management.
Bailey has previously held senior positions at Zurich Insurance Group, leading the professional liability, specialty lines and cyber underwriting functions globally.

Previously, Bailey has also held underwriting and client advisory roles at AIG and Marsh.