11 June 2015

Barbican underwriter elected chair of new LMA cyber group

Geoff White, Underwriting Manager – Cyber, Technology and Media at Barbican Insurance Group has been elected chairman of the Lloyd’s Market Association’s (LMA) newly-created Cyber Business Panel.

Geoff was elected by the members of the panel on Friday 5 June. His deputy chair will be Tom Allen, Head of Technology Liability & Data Protection Indemnity at Aspen, who was elected at the same meeting.

The panel’s new chairman, Geoff White said: “I'm very excited to be nominated as Chair of the Cyber LMA panel for the inaugural term. Lloyd’s is at the forefront of innovation in the cyber insurance sector, and the formation of this panel further demonstrates the commitment both at a market and syndicate level to meet head-on the challenges of this complex and constantly evolving class of business”.

The Cyber Business Panel has 21 members drawn from syndicates writing cyber business at Lloyd’s. Its role is to identify issues of interest or concern to Lloyd’s underwriters relating to cyber risk. It will also assist in revising wordings and will respond to requests for information from the Lloyd’s underwriting community. Current work includes co-operating with the Corporation of Lloyd’s on a range of issues including aggregation monitoring and systemic risk modelling.

Tony Ellwood, the LMA’s Senior Executive, Underwriting, said: “The formation of this panel is a reflection of the heightened profile of cyber risk in the Lloyd’s market and its growing impact on other classes of business. It will be a source of real expertise and a forum for discussing the latest developments in what is a fast-moving class.

“It’s very pleasing that we’ve been able to attract some of the market’s highest profile cyber underwriters to join the group”.

The Cyber Business Panel will meet monthly.

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Notes to Editors

Cyber Business Panel members

Geoff White (Chairman), Barbican 1955
Tom Allen (Deputy Chair), Aspen Managing Agency (Synd 4711)
Iain Ainslie, ACE Global Markets 2488
Rick Welsh, Aegis 1225
Lloyd Fielder, Amlin
Philip Mayes, ANV Syndicate 1861
James McPartland, Argo Global
Wes Butcher, Atrium Syndicate 609
Alessandro Lezzi, Beazley
Ben Maidment, Brit Syndicates
Jeremy Hyne, Canopius 4444/958
Chris Pavlou, Chubb Syndicate 1882
Chris Thorne, Faraday Syndicate 435
Marcus Breeze, Hiscox 33
Matthew Hogg, Liberty 4472
Scott Bailey, Markel Syndicate 3000
Dan Trueman, Novae 2007
Danny Clack, Pembroke 4000
James Tuplin, QBE (386 & 1886)
Russell Bean, Talbot
Laila Khudairi, Tokio Marine Kiln

About the Lloyd’s Market Association (LMA)

Formed in 2001 and located in the heart of the Lloyd’s Building in the City of London, the Lloyd's Market Association represents the interests of the Lloyd’s underwriting community. All underwriting businesses at Lloyd’s are members, together managing gross premium income of around £26 billion per annum.

For further information please contact:

James Milne, Communications Manager
Lloyd’s Market Association
T 0207 327 8405