Beazley snaps up Marsh cyber hire

IT risks expert to focus efforts on Europe and the Middle East

Beazley snaps up Marsh cyber hire

Cyber

By Terry Gangcuangco

Beazley has bolstered its cyber insurance proposition – snapping up IT risks expert Luc Vignancour as the London-headquartered firm expands its offering across Europe and the Middle East.

Bringing 27 years of insurance industry experience, Vignancour joins Beazley’s technology media & business services (TMB) team. The key hire is making the switch from Marsh, where he was instrumental in setting up the brokerage giant’s cyber practice in France. 

Vignancour also previously served as an underwriter for IT system-related risks at Ace, and as an industrial and IT risk prevention consultant for the likes of French insurance group GAN.

“The recruitment of Luc Vignancour really strengthens our ability to build our cyber proposition across the EMEA region both in terms of geography and product range,” commented Paul Bantick, TMB London and international focus group leader at Beazley.

“Luc brings vast experience and market knowledge that will be invaluable as we develop our breach response, risk management, and cyber insurance coverage for mid-sized businesses through to large corporate clients.”

The specialist insurer’s offerings include Beazley Breach Response (BBR), which coordinates expert, legal, reporting, and credit monitoring services. Beazley has managed over 9,000 worldwide data security breaches since launching BBR in 2009.

 

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