Markel Corporation has named Kara Owens as Managing Director of its Global Cyber Executive, set to head up the firm’s enterprise-wide cyber liability strategy and develop best practices for cyber re/insurance products in all Markel divisions with underwriting teams.
In her new role, Owens will be based in New York and report to Chief Underwriting Officer Robin Russo.
Robin Russo, CUO, commented on the news; “With Kara’s experience and knowledge of global cyber risks, I am excited to have her join our team and help build our brand in the cyber product space. The number and complexity of cyber exposures have grown exponentially over the last few years, and this is an important segment for us to build and strengthen.”
Prior to joining Markel, Owens was most recently Global Head of Cyber Risk for reinsurance firm TransRe, where she was responsible for managing the company’s cyber portfolio, enterprise risk management coordination for cyber exposures for all classes of business, tracking emerging exposures, and implementing best practices for cyber treaty and facultative underwriting.
She previously served as a Senior Risk Analyst for Guy Carpenter, is an honors graduate of Temple University and holds RPLU, CPCU, AIS, and ARe designations.