Crum & Forster (C&F) has announced the promotion of Nick Economidis to Senior Vice President of eRisk.
Economidis joined C&F as Vice President of eRisk in 2018, aiding with business line growth and the expansion of its tech and cyber underwriting group.
He holds more than three decades of underwriting experience, including twenty years of underwriting cyber risk exposures. Additionally, he was named the 2020 NetDiligence Toby Merrill Award Winner for Excellence in recognition of his thought leadership and contributions to the cyber insurance market.
Economidis commented, “Crum & Forster is an industry leader in cyber risk management, and we’re building the best underwriting team in the market.”
“Ransomware, data breach events and privacy-related litigation are real challenges for both large and small businesses, but we’re working hard to bring solutions to the market to help our partners concentrate on their customers.”
Leigh McMullan, Senior Vice President for Executive Risk, added, “Nick has been the architect behind the pricing terms and conditions that have steered Crum & Forster and influenced the broader market.”
“Nick has a great approach to the insurance market and provides insight on risk, service, and innovation. He created and built out our Cyber Solutions team and is credited with developing unique market products and concepts—like C&F Simple Cyber and CyberUP. Innovation, education and ownership are what truly set Nick and his team apart from the market.”