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Sciemus swoops for three key hires

Sciemus swoops for three key hires

Sciemus swoops for three key hires Sciemus, a provider of modelling and analytics to the global insurance markets, has strengthened its space and aviation, and cyber and power teams with three key appointments.

Phil Duffin, who has more than 35 years of experience in the global aerospace, insurance and reinsurance industries, joins from Willis Re as director, space and aviation.

Matthew Cook is recruited from PwC as senior technical specialist - power, and George Paraskeva, who was formerly a cyber security consultant with BAE Detica, is appointed as cyber security specialist.

Based in London and reporting to Sciemus chief executive officer Rick Welsh (pictured), they will be responsible for building on Sciemus’ technical expertise and product innovation to develop the space and aviation, and cyber and power underwriting portfolios.

“We have market-leading technical and analytical expertise that is highly sought after by companies and we see exciting growth prospects in the space and aviation, cyber and power businesses,” said Welsh.

“With his experience, depth of knowledge and market relationships with brokers, reinsurers and clients alike, Phil is a fantastic new hire who will be able to leverage our existing technical capability in modelling and aerospace to drive greater growth and product innovation with our strategic partners.

“Matthew and George have deep technical expertise in the power and cyber security industries and they will further strengthen Sciemus’ position as a niche specialty underwriter for companies that need insurance and risk management support.”

A Chartered Insurance practitioner, Duffin spent the past 13 years with Willis Re, now part of Willis Towers Watson, and was most recently executive director specialising in aviation and space proportional, non-proportional and facultative reinsurance in all classes of aerospace including space, airlines, general aviation and products liability risk.

Cook, a chartered mechanical engineer, has recently led gas turbine research programmes and carried out testing and commissioning work on a range of sites in Europe and the Middle East.

Meanwhile, Paraskeva has more than 10 years’ experience in the legal, IT consultancy, financial and insurance sectors, and will play a key role in developing, implementing and operating cyber security methodologies across the Sciemus product range, maintaining intelligence on cyber threats, and providing technical underwriting support across the portfolio.

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