EQS-News: John Coletti joins Swiss Re as Head of Global Cyber
Zurich, 2 September 2021 - Swiss Re today announced plans to create a central cyber underwriting team. John Coletti will join Swiss Re as Head of Global Cyber. Maya Bundt, the current Head of Cyber Solutions, has decided to take on a newly created role at the Swiss Re Institute's Cyber Centre of Competence.
The central cyber underwriting team will assume global responsibility for Swiss Re's underwriting and product development activities in the cyber space. By creating more dedicated cyber capabilities, Swiss Re aims to further strengthen its client offering as well as its position as a thought leader in the market.
John Coletti will join Swiss Re as Head of Global Cyber in early October. He is joining from AXA XL, where he has served as the Chief Underwriting Officer for Cyber since 2012. He is a respected leader in the cyber insurance market and was one of the pioneers in this dynamic line of business. With his expertise, John Coletti will help Swiss Re to address the complex nature of cyber risk, including important industry issues such as ransomware and risk aggregation. John Coletti will report into Gregory Schiffer, Head of Global Specialty, and will be responsible for Swiss Re's global cyber business, which includes portfolio ownership, global underwriting activities as well as cyber product development.
Swiss Re's Head of Global Specialty Gregory Schiffer said: 'With John Coletti, we have been able to attract another experienced leader in the cyber insurance market. At the same time, I would like to thank Maya Bundt for her leadership, and the innovation and successes that have already been achieved in our cyber business.'
Swiss Re The Swiss Re Group is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk - from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally.
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