Swiss Re appoints Sandy Codding as Global Head Cyber & Technology
Swiss Re Corporate Solutions appoints Sandy Codding as Global Head Cyber & Technology, effective immediately.
In this role, Mr. Codding is responsible for overseeing cyber and technology underwriting guidelines, rating methodology, distribution relationships, product sales and new product development. Globally, he will focus on growing Swiss Re Corporate Solutions' offerings in the small and middle market space. Based in Boston, he succeeds François Brisson, who has been appointed Head Cyber & Technology EMEA, Asia Pacific and Latin America. Mr. Codding will oversee a global team of regional underwriters.
"Sandy is a well-known expert in the cyber and E&O space," states Philippe Aerni, Head Financial & Professional Lines, Swiss Re Corporate Solutions. "The market for cyber insurance continues to grow, and we feel confident that, with his experience, Sandy will be able to make our global team more agile and efficient to meet our clients' needs."
Mr. Codding brings over 30 years of industry experience to this role. He has held various positions in underwriting and product development. Most recently, he was a broker helping clients assess their risk profile, design risk transfer strategies, and place insurance for cyber and tech risks.
An American national, Mr. Codding holds a Bachelor of Arts in Economics & Business from Colby College in Waterville, Maine.
Swiss Re Corporate Solutions provides financial protection from a wide range of cyber and tech exposures including privacy events, network security breaches, and tech and media liabilities, as well as data breach expense, network extortion and network business interruption cover. The company's dedicated Cyber & Technology team has staff in Boston, New York, Cologne, Paris and Zurich.
Swiss Re Corporate Solutions provides risk transfer solutions to large and mid-sized corporations around the world. Our innovative, highly customised products and standard insurance covers help to make businesses more resilient, while our industry-leading claims service provides additional peace of mind.
Product scope – Our Specialty cover for UK and ROI clients includes Marine, Aviation, Financial lines, Healthcare, Political Risks, Credit and Surety, Power and upstream/downstream energy, Weather and Agricultural solutions.
Financial strength – Our strong financial ratings include “AA-” by Standard & Poor’s, “Aa3” by Moody’s and “A+” by A.M. Best.
Knowledge – We have extensive risk knowledge and a wealth of experience in a wide range of sectors which enables us to offer thought leadership and guidance as well as insurance.
Capacity – Our large net capacity enables us to underwrite some of the largest risks across a broad spectrum of industries.
Innovation – we have a proven track record of developing innovative risk solutions, including parametric covers, NDBI coverage, weather solutions and reinsurance of corporate captives.
Global – In the UK, we have over 165 employees serving clients and brokers from offices in London and Manchester. Swiss Re Corporate Solutions has over 50 offices in more than 20 countries.
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Philippe Aerni appointed Global Head Casualty, Financial & Professional Lines by Swiss Re Corporate Solutions10 Dec 2018