Pen Underwriting appoints Head of Cyber Liability
Published On : 26 Jul 2016
In the newly created role of Head of Cyber Liability, Adrian Scott takes responsibility for enhancing Pen Underwriting’s capabilities in cyber risk management and insurance, building a dedicated team of sector specialists and broadening our geographic reach.
Bringing over 25 years’ experience in professional and financial lines, Adrian has spent more than a decade involved in the fast-evolving cyber insurance arena, holding a number of senior industry roles in the US at the forefront of this rapidly growing sector. Most recently he was Executive Vice President and Chief Underwriting Officer at Ridge Global, a cybersecurity firm founded and headed by former US Head of Homeland Security Tom Ridge.
Adrian Scott said: “In cyber insurance, the speed, efficiency and flexibility of your platform are just as important as the technical underwriting expertise that underpins it – as is the need to take a holistic approach to client risk exposure. Pen Underwriting’s capabilities and determination to meet this challenge head on make for a compelling opportunity.”
As part of Pen Underwriting’s Specialty division, Adrian will report into Jennifer Martin, Managing Director of Financial Lines. Jennifer said of Adrian’s appointment: “Strong broker demand for cutting-edge propositions to best protect their clients has seen cyber fast become a crucial and core capability for us. Adrian’s appointment to build and lead a dedicated cyber practice, further demonstrates our commitment to actively attract and retain the industry’s best talent for the benefit of our brokers and their clients.”
Adrian joins Pen's expanding Financial Lines team, which spans UK and international business across the spectrum of e-traded, individually underwritten and delegated authority solutions with expertise in crisis management, cyber liability, professional indemnity, directors & officers, and personal accident & travel.