Tokio Marine hires global head of cyber risk

Tokio Marine hires global head of cyber risk | Insurance Business

Tokio Marine hires global head of cyber risk

Daljitt Barn (pictured) has been named as the first global head of cyber risk at Tokio Marine Holdings.

The international insurance group said Barn was assuming the newly-created role on Monday morning. The London-based executive makes the switch from Munich Re, where he was instrumental in setting up the cyber team within corporate underwriting and most recently served as head of cyber innovation and consulting services.

In his new post, Barn will be in charge of the continued development of Tokio Marine Group’s cyber strategy. The experience he brings to the table includes building and managing the cyber risk team in the insurance and investment management sectors in his capacity as cybersecurity director at PwC UK.

“This truly is a great opportunity and I can’t wait to get started at Tokio Marine Holdings,” commented Barn, who was also chair of the Cyber Risk & Insurance Forum. “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.”

The global head was described as “connected” to the cyber ecosystems not only in the UK but also in Israel and Silicon Valley.

“We are delighted that Daljitt has joined the Tokio Marine Group,” said group chief risk officer Kuni Fujii. “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.”