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London, 3 September 2018: Leading international insurance group Tokio Marine Holdings (TMH) has appointed Daljitt Barn to the newly-created post of global head of cyber risk. Barn – who will be based in London - joins from Munich Re and is an industry leader in cyber insurance and cyber risk, combining insurance value-chain expertise with a cyber security technology background.
He started at TMH on 3 September and will be responsible for the continued development of Tokio Marine Group’s cyber strategy. He brings a wealth of knowledge and, alongside his strategic oversight, will help with cyber risk quantification and control, as well as innovation and partnership opportunities.
At Munich Re, Barn was instrumental in setting up the cyber team within corporate underwriting, creating a Munich Re-wide cyber community and developing the group-wide cyber insurance strategy. Before Munich Re, Barn was cyber director at PwC where he built and managed the cyber risk team in the insurance and investment management sectors.
Barn is a frequent speaker at insurance and investor events such as Advisen, OECD and Geneva Association, as well as being connected to the cyber ecosystems within the UK, Israel and Silicon Valley.
Kuni Fujii, TM Group CRO, said: “We are delighted that Daljitt has joined the Tokio Marine Group. Cyber risk presents the insurance industry with both an opportunity and a threat and he will be critical to Tokio Marine as we continue to develop our presence and understanding in this important area.”
Barn added: “This truly is a great opportunity and I can’t wait to get started at Tokio Marine Holdings. The global brand and market reputation are second to none, and I look forward to working closely with the cyber insurance and cyber risk teams to further develop a secure platform for success.”