Tom Allen has joined Lloyd’s managing agency Channel Syndicate’s new innovation division as head of technology and cyber insurance.
Channel, a subsidiary of Lloyd’s reinsurer SCOR, said the innovation division will look at new technologies and emerging risks, including cyber.
Allen worked as a lawyer before he joined AIG as an underwriter in 1996.
He has worked as FINPRO’s senior vice president and Aspen Syndicate’s head of technology liability & data protection indemnity.
Channel underwriter Tom Corfield said: “Technological advances and the digitalisation of business will be game changers bringing new challenges to underwriters.
“The launch of this division and Tom’s new appointment will take Channel to the cutting edge of the innovation needed to adapt the offer to changing demands.”
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