Reinsurance News

Capsicum Re expands London cyber team with four new hires

5th September 2019 - Author: Matt Sheehan

Specialist reinsurance broker Capsicum Re has expanded its capabilities with the addition of four new appointments to its cyber team, based in London.

capsicum-re-logoUmair Ghani and Thomas Lashkari have joined as a cyber pricing actuary and a cyber analyst, respectively, and will report to Justyna Pikinska, Head of Analytics, Specialty Lines at Capsicum Re.

Meanwhile, Jennifer Braney and Sebastien Plummer have joined as brokers and will report to Ian Newman, Global Head of Cyber.

Ghani joins Capsicum Re from AIG, where he has spent the last nine years, most recently as a casualty lines pricing actuary. He also held roles as a financial lines pricing actuary, pricing analyst and reserving analyst.

Lashkari arrives from Direct Line Group where he was a pricing analyst, acting as the lead analyst for several notable lines of business. He previously held roles at Travelers Insurance and Davies Group.

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On the broking side, Braney joins from Liberty Specialty Markets, where she was a senior underwriter focused on developing the cyber reinsurance and personal accident reinsurance portfolios.

Prior to this, she was the deputy class underwriter for Treaty PA at Liberty Syndicates, and has also held roles with Lockton Re and Odyssey Re.

Finally, Plummer was most recently an assistant vice president in the cyber, media and tech E&O team broker at Paragon. He also worked as part of the company’s fintech team, which placed accounts such as cryptocurrency exchanges and disruptive blockchain technology companies.

Prior to this, Plummer worked for head-hunters Webber Fox Group as well as Accenture in Madrid.

Ian Newman, Global Head of Cyber at Capsicum Re, commented on the appointments: “The cyber market is growing rapidly and our role is to help our clients understand more about their own cyber exposures, how to identify, quantify and ultimately mitigate this risk.”

“It is key that we continue to attract the best talent so we can continue to provide market leading advice and help clients navigate the challenges they face,” he added.

“I am delighted to welcome four excellent additions to our team. Analytics is a key part of our delivery and Umair and Thomas’s expertise will increase our ability to deliver high quality consultancy work.”

Newman continued: “Jen and Seb are well respected in the cyber market and each bring a different experience and perspective, which will be incredibly valuable as we evolve our products and offering for clients.”

Earlier this week, Capsicum Re announced a collaboration with Swiss Re on the launch of a new holistic cyber reinsurance solution, called Decrypt.

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