London, September 6, 2021
- Insurer appoints Mathew Prentice to support HSB’s computer and cyber product range offering.
- Responsible for the development and implementation of HSB’s underwriting strategy for the computer and cyber account in the UK and Ireland.
Specialist engineering and technology insurer, HSB has appointed Mathew Prentice as Cyber Product Lead.
Based in Birmingham and reporting to Andy Bazley, Underwriting Strategy Manager, Mathew will be responsible for the development and implementation of HSB’s underwriting strategy for the computer and cyber account. Mathew has a wealth of experience as an underwriter and possesses a great deal of knowledge in his specialist area of cyber insurance. He will be focused on the overall underwriting strategy for HSB’s computer and cyber portfolio and the growth of the account as part of HSB’s strategic priorities.
Mathew was promoted from his previous role of Senior Underwriter at HSB, having joined the company as an underwriter in 2014 from Aviva.
Stephen Morris, Underwriting Director, HSB, said: “We are delighted to appoint Mathew as our cyber/computer product lead. In a rapidly changing and expanding market, computer and cyber insurance is an important strategic part of our offering. Mat’s specialist knowledge and front-line underwriting experience will ensure that we continue to have a strong focus on these specialist products as part of our portfolio.”
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HSB, part of Munich Re, is a specialist insurer and provider of inspection and risk management services. HSB’s insurance offerings in the UK and Ireland include construction, equipment breakdown, cyber and computer, and energy covers. HSB blends its engineering expertise, technology and data to craft inventive insurance and service solutions for existing and emerging risks posed by technological change. Throughout its 150-year history HSB’s mission has been to help clients prevent loss, advance sustainable use of energy and build deeper relationships that benefit business, public institutions and consumers. HSB holds A.M. Best Company’s highest financial rating, A++ (Superior). For more information, visit www.hsbeil.com and connect on LinkedIn and Twitter.
Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. It offers customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake through to the 2017 Atlantic hurricane season and to the California wildfires in 2018. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyberattacks, or pandemics. The company is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.