Tokio Marine HCC – Cyber & Professional Lines Group (CPLG) has announced the appointment of Catherine Lyle as Senior Vice President and Head of Cyber Claims & Incident Response, effective September 25, 2023.
Lyle will be reporting directly to Michael Palotay, the President of the group. In her new role, Lyle will assume responsibility for leading and expanding the group’s cyber claims department and incident response team.
With more than two decades of experience in the insurance industry, Lyle brings a wealth of expertise to her new position.
She has been at the forefront of the cyber insurance landscape, notably serving as the Head of Claims at Coalition, where she made history as the first woman to join the organisation and significantly grew its claims team from one to 18 members in a short span.
During her tenure at Coalition, she specialised in cyberattack resolution and collaborated closely with underwriting teams to ensure precise policy wording for insured clients.
Palotay, the President of Tokio Marine HCC – Cyber & Professional Lines Group, expressed his enthusiasm for Lyle’s appointment, stating, “Catherine is an extraordinary talent whose mastery of cyber claims and coverage across multiple carriers will be critical to our success in the next growth phase. Her cyber knowledge adds another layer of risk expertise to our group as we continue to bring best-in-class security solutions to the individuals and businesses we protect.”
Lyle’s career also extends beyond the insurance realm, as she is a professor, published author, and accomplished privacy attorney who is recognised globally for her expertise in cyber trends, law, and claims. Her contributions to legislative efforts in the field of cyber privacy have shaped important laws, and she recently shared her insights at the prestigious cybersecurity event, Black Hat USA 2023.
Commenting on her new role, Lyle emphasised the importance of Tokio Marine HCC’s role in mitigating cyber threats, stating, “Tokio Marine HCC has an incredible responsibility to mitigate cyber threats and repair attacks so that businesses can go back strong into the economy and help propel growth. I look forward to using the knowledge that I have learned from leaders around the globe to build upon the company’s existing claims-handling structure and work with brokers and insureds so that maximum-protection policies are in place. The Cyber & Professional Lines Group has an all-inclusive culture, and I am very much excited at the opportunity to give voice and visibility to this team as they continue to be seen as experts in their field.”
