AEGIS London, a Lloyd's syndicate, has recruited Joe Hancock and Daniel Carr from the security and defense sector to its cyber product and service offerings. Both join AEGIS London from BAE Systems, the defense, security, and technology company.

AEGIS London said that their joint role at the company would be to provide insight into the latest developments in cybersecurity and to offer their knowledge to the syndicate's broker partners and clients. They will report to Rick Welsh, AEGIS London's head of cyber insurance.

Mr. Hancock previously was a senior manager at BAE Systems' applied intelligence division, leading the energy cybersecurity consulting area. Earlier, Mr. Hancock worked at Deloitte LLP in enterprise risk services.

Mr. Carr began his career with the United Kingdom's Ministry of Defence in a range of security roles before joining BAE Systems' applied intelligence division. His experience includes securing high-end military systems, developing government cyber risk management frameworks, and advising on critical national infrastructure across numerous sectors.

Mr. Welsh added, “We've brought in Joe and Dan because of their first-hand cybersecurity and technical expertise, and their relationships with the wider security community. While they will be working alongside our cyber underwriting team, their role is primarily outward-facing – analyzing global cyber developments and liaising with their peers in the defense and security sectors. Our aim is to provide a deep level of cyber expertise that's both currently unique and unrivaled anywhere else in the insurance market. This reinforces our position of supporting strong risk management and cybersecurity for our clients.”