A new role has been created at Tokio Marine Holdings (TMH) in cyber risk

Tokio Marine Holdings (TMH) has appointed Daljitt Barn to a newly created role - global head of cyber risk, starting today.

He will be based in London and responsible for developing Tokio Marine Group’s cyber strategy and assisting with cyber-risk, “quantification and control,” innovation and partnership opportunities.

Barn said: “This truly is a great opportunity and I can’t wait to get started at Tokio Marine Holdings.

“The global brand and market reputation are second to none, and I look forward to working closely with the cyber insurance and cyber risk teams to further develop a secure platform for success.”

Daljitt Barn

Tokio Marine Holdings (TMH) new global head of cyber risk, Daljitt Barn 

Barn joins from reinsurer Munich Re after spending almost three years at the firm in two cyber positions. He set up a cyber team within corporate underwriting, created a cyber community and developing a group-wide insurance strategy.

He previously worked as director of cyber security for multinational professional service, PricewaterhouseCoopers (PwC), where he built and managed the cyber risk team within insurance and management. Prior to this he was chairman of the Cyber Risk and Insurance Forum (CRIF).

Kuni Fujii, TMH’s chief risk officer, commented on the importance of the new appointment: “Cyber risk presents the insurance industry with both an opportunity and a threat and he will be critical to Tokio Marine as we continue to develop our presence and understanding in this important area.”

Last month Tokio Marine Kiln teamed up with the BIBA to launch a drone insurance scheme.

In July TM HCC announced that its subsidiary signed a purchase agreement to buy Leceister based brokers, Qdos Holdings, whilst also backing US pay-per-mile disruptor Metromile

Previously in May TMH recieved approval to set up a post-Brexit base in Luxenbourg


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