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.
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