Liberty Specialty Markets (“LSM”), part of Liberty Mutual Insurance Group, has appointed Jon Rigby to the newly created role of chief cyber officer.
Mr. Rigby reports to Peter Smith, executive underwriting officer, and is based in London.
In a statement, Mr. Smith said, “Jon has joined LSM to further develop our strategy to review, define, and deliver what best practice for underwriting cybersecurity should look like. He is a subject matter expert and brings a wealth of experience and learnings from outside the insurance industry. His appointment supports our vision to be a leading global specialty reinsurer for cyber risk in terms of governance, thought leadership, and client value solutions across all product lines. Jon will drive the LSM Cyber 'Centre of Excellence,' interfacing with our insurance and reinsurance underwriting functions led by Matthew Hogg (head of cyber insurance) and Ivonne Staisch (head of cyber reinsurance).”
Mr. Rigby served for 33 years in the Royal Air Force in cyber, intelligence, information technology, and engineering roles. His last position was Air Vice-Marshal within Joint Forces Command, where his responsibilities included leadership of defense's cyber operations and programs. Prior to joining LSM, he co-led AlixPartners' cybersecurity team, working predominantly with private equity and FTSE 100 executive teams, to help them manage their cybersecurity risk.
Mr. Rigby commented, “Information is a key business enabler and very often the most valuable asset of a business. Even a cursory read of the news shows that the cybersecurity threat to the profitability and value of businesses and the reputation of executives, is an unavoidable aspect of doing business today. Cybersecurity insurance is still immature, and in my experience risk transfer is often overlooked as an effective component of a comprehensive cybersecurity strategy. Liberty is at the cutting edge of recognizing this opportunity, and I'm delighted to join the team and to help our customers to prosper.”
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].