Tokio Marine Kiln (TMK) has announced the appointment of Cesar Silvestre as the Head of Cyber Reinsurance Solutions.
Silvestre will report directly to Laila Khudairi, Head of Cyber & Enterprise Risk, and will begin his role immediately to spearhead the launch of TMK's new cyber reinsurance solutions.
With over 12 years of expertise in the specialized insurance sector, Silvestre transitions from Beazley, where he played a crucial role as a Specialty Treaty Underwriter, focusing on developing embedded insurance solutions across cyber, E&O, and D&O lines, with an emphasis on markets in Europe, LATAM, and the Middle East. His previous experience includes senior underwriting positions at Hiscox.
Launch of TMK's Enhanced Cyber Solution
Silvestre's appointment coincides with the recent rollout of TMK's enhanced cyber offering
Silvestre's appointment coincides with the recent rollout of TMK's enhanced cyber offering, TMK Cyber Ctrl, and the introduction of TMK Enterprise Ctrl in September.
These developments are part of TMK's broader strategy to broaden their cyber solutions and respond to the increasing global demand for cutting-edge cyber protection measures. The new TMK Cyber Ctrl suite incorporates improved wordings and a comprehensive range of risk prevention services.
Strengthening the Cyber Team
Laila Khudairi stated, "We're delighted to welcome Cesar to our expanding cyber team. His extensive experience in developing reinsurance solutions along with his deep understanding of international markets positions him well to lead our product expansion."
She emphasized the increasing global demand for cyber coverage and the evolving threat landscape, highlighting how Silvestre's expertise will enhance TMK's capabilities to provide superior products and services to clients.
Opportunities in a Changing Cyber Market
Cesar Silvestre expressed enthusiasm about joining TMK, stating, "I'm excited to join TMK at such a pivotal time for the cyber market. There's huge opportunity to support insurance carriers around the world who want to serve their clients' growing cyber insurance needs but require the specialized expertise to do so."
He added that TMK's dedication to innovation and technical excellence would enable them to address the increasing demand from buyers and clients globally.
Tokio Marine Kiln (TMK), a pioneering specialist insurer, announces the appointment of Cesar Silvestre as Head of Cyber Reinsurance Solutions, reporting to Laila Khudairi, Head of Cyber & Enterprise Risk.
He takes up his new role with immediate effect and will lead the launch of TMK's new cyber reinsurance solutions offering.
Silvestre brings over 12 years of specialized insurance experience to his new role. He joins from Beazley where he served as a Specialty Treaty Underwriter in the product solutions team, developing embedded insurance product solutions across cyber, E&O and D&O lines with particular focus on Europe, LATAM and the Middle East. Prior to this, he served in senior underwriting roles at Hiscox.
TMK’s enhanced flagship cyber offering
The appointment follows the launch in September of TMK’s enhanced flagship cyber offering, TMK Cyber Ctrl, and its market first product, TMK Enterprise Ctrl, reflecting TMK's strategy to expand its comprehensive cyber offering and meet increasing global demand for modern cyber solutions, while cementing its status as a lead market.
The next-generation TMK Cyber Ctrl suite features enhanced wordings and a myriad of risk prevention services.
Expanding cyber team
Laila Khudairi, Head of Cyber & Enterprise Risk at TMK, said: "We're delighted to welcome Cesar to our expanding cyber team. His extensive experience in developing reinsurance solutions along with his deep understanding of international markets positions him well to lead our product expansion.”
“As we see growing demand for cyber coverage globally and the threat landscape becomes increasingly sophisticated, Cesar's appointment brings together leading expertise and best in class products and services to the clients that need them."
Pivotal time for the cyber market
Cesar Silvestre, Head of Cyber Reinsurance Solutions at TMK, said:
"I'm excited to join TMK at such a pivotal time for the cyber market. There's huge opportunity to support insurance carriers around the world who want to serve their clients' growing cyber insurance needs but require the specialized expertise to do so.”
“TMK's reputation for innovation and technical excellence, combined with its commitment to building comprehensive market-leading capabilities, will allow us to meet the growing need from buyers and clients worldwide."
