Leading specialist insurer, Tokio Marine Kiln (TMK), today announces several strategically significant appointments and changes as part of plans to expand its presence in the cyber market.
Aoife Woulfe, formerly head of intellectual property (IP) at TMK, has stepped into the position of head of delegated cyber. In her previous role as head of IP, Woulfe transformed TMK’s IP underwriting process and improved efficiency, resulting in the proposition becoming a market leader by both line and book size. She brings a wealth of experience into the new cyber role, where she will focus on developing TMK’s small and medium enterprise cyber offering.
With this change, TMK’s IP book will be led by Ellie Webb.
Paul Gooch, previously head of cyber open market, will now oversee TMK’s large account portfolio as divisional head of large account cyber. Paul has been with TMK since 2009 and was recently named Underwriters’ Leading Underwriter 2023 by Insurindex.
TMK will further bolster the cyber team with new appointments. Daniel Moore joins the London team as a cyber underwriter from 18 July. A former barrister, Moore joins from Arch Insurance International where he served most recently as cyber and technology underwriter. He has also worked for Clyde & Co and AmTrust.
Sam Bye will also join as a cyber underwriter, based in Singapore, from 1 August. Bye brings more than 10 years’ experience of underwriting cyber, technology and professional indemnity risks to the role. He joins from AXA XL, where he held the position of cyber & technology PI manager, responsible for portfolio exposure, and implementing underwriting guidelines and ransomware risk management strategy.
These appointments follow the news that TMK has established a standalone Cyber & Enterprise Risk division and has broadened out the team’s cyber experience beyond insurance with the appointment of cyber security specialist, Luke Fardell.
Laila Khudairi, Head of Cyber & Enterprise Risk at TMK, said: “These appointments further signal our bold intentions for cyber. This is an ever more complex area, with the threat increasing in both frequency and effectiveness. We continue to innovate and add the skills required, building on almost two decades of experience in mitigating cyber risks for our clients. I am very pleased to welcome Daniel and Sam to TMK and my congratulations to Paul and Aoife, whose proven talents will be significant in further enhancing our cyber proposition.”