September 20, 2017
Hiscox has brought on board former GCHQ director Robert Hannigan as a special advisor on cyber security.
During the three years he spent working for the UK intelligence agency between 2014 and 2017, Hannigan established the UK National Cyber Security Centre and led the country's cyber defence strategy.
As part of his new role at Hiscox, he will work closely with the carrier and its specialist cyber division to provide market intelligence, staff training and inform the development of new and existing cyber products.
This will include advising the UK business on emerging threats and cutting-edge criminal techniques that could impact customers both now and in the future, as well as helping to educate staff and customers about the importance of managing cyber risk.
Hiscox began writing cyber insurance in the late 1990’s and provides insurance to the UK SME market.
Commenting on the new appointment Steve Langan, chief executive at Hiscox Insurance said: “There are few experts better-placed to advise on cyber risk than Mr Hannigan.
“Our aim is not just to protect customers against the impact of cyber-crime, but to play a constructive role in helping them better manage and understand the evolving risks they face. As a specialist insurer with a focus on cyber security, it’s vital that we stay ahead of the curve, and the deep expertise and experience Mr Hannigan brings to the business will play a key part in ensuring this.”