Bishopsgate has appointed Caroline Richardson to lead its new cyber practice, joining from Miller Insurance Services, where she worked on both retail and wholesale cyber placements and solutions for global corporate organisations and facilities and grew its international and UK business.
Prior to Miller she worked as Associate Director of Aon advising large professional services clients on cyber and professional indemnity programmes.
She was previously a PI underwriter with Barbican Syndicate.
As Bishopsgate’s Cyber Practice Lead, Caroline will build and embed a cyber practice and identify wider international opportunities.
Graham Kilby, Bishopsgate CEO commented: “We’re delighted to have Caroline joining us at Bishopsgate to develop our cyber practice.
“The cyber market is at its most challenging, and Caroline’s knowledge of cyber security and risk profiling, her excellent understanding of coverages and her deep market relationships are going to help us build our footprint in this important segment.
“We pride ourselves on being resourceful and nimble, and really understanding what clients need when they come to the London market.
“Bishopsgate’s global offering is accelerating, and Caroline is here to help us to take that to the next stage – and make cyber an integral part of our growth ambitions.”
Caroline adds: “I’m very much looking forward to growing cyber as part of Bishopsgate’s offering across multiple lines of business and multiple territories.
“Cyber has become a vital line of business for all organisations, and one that’s not always understood.
“It’s important that we offer a technical expertise and market understanding to help insureds manage their risk and mitigate potential damage.
“I’m excited to be part of the Bishopsgate evolution – and part of the bigger story of Ardonagh Specialty as it continues to expand.”
