Tokio Marine Kiln (TMK), a leading specialist insurer, today 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 specialised 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.
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.
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."
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 specialised 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."
