Willis Towers Watson creates 'crucial' cyber role

Cybercrime now said to be costing the global economy $400 billion annually

Willis Towers Watson creates 'crucial' cyber role

Cyber

By Terry Gangcuangco

Bolstering its cyber proposition as the global economy loses $400 billion annually to cybercrime, brokerage giant Willis Towers Watson has created a new role for its cyber risk solutions business in Western Europe.

Corrado Zana, who most recently served as business resilience leader for CEMEA (Central Europe, Middle East, and Africa) at Marsh, has joined Willis Towers Watson to assume the newly created role of client engagement and strategy leader. In charge of developing the latter’s integrated approach to cyber risk in Western Europe, Zana will be working closely with Laure Zicry and Nick Dussuyer – the region’s head of FINEX cyber and head of clients and industries, respectively. 

“It is exciting to be joining a global company which is dedicated to tackling the cyber threat by integrating many different approaches and solutions,” said Milan-based Zana, who also worked at Zurich and Nokia. “The vast majority of cyber incidents are a result of employee behaviour, so in addition to technology and risk transfer, understanding organisational culture, talent, and enterprise capabilities is critical to effectively assessing and managing cyber risk.

“Our clients need a strategic approach that assesses, protects, and enables recovery through end-to-end solutions to build their cyber resiliency. I look forward to understanding and meeting their needs by bringing the many strengths of Willis Towers Watson together.”

The technology risk expert, who is chair and founder of the Italian Association of Business Continuity Managers, has over two decades of experience in the insurance and telecoms industries. He is also an ongoing commissioner of the Disaster Recovery Institute International.

“Corrado brings a compelling mix of dynamism, leadership, and experience to this new role, which is crucial for us as we deepen our cyber risk offer globally,” commented Willis Towers Watson global head of cyber risk Anthony Dagostino. “He combines great technical knowledge with a strong understanding of insurance financing and risk strategies.

“Cybercrime is now a board-level priority which hits all business sectors and costs the global economy $400 billion every year, and we are committed to finding the best solutions for our clients.”

 

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