Guy Carpenter continues to investment in its cyber platform and has made new appointments within the Cyber team. They named Anthony CORDONNIER as Managing Director and Global Co-Head of Cyber, and promoted Erica DAVIS to Global Co-Head of Cyber. Other appointments were also made.

Mr. CORDONNIER and Ms. DAVIS will work in close collaboration to co-lead Guy Carpenter's cyber team to utilize more effectively its global footprint, advanced analytical capabilities and expansive sector knowledge, offering clients and prospects more efficient and effective placement strategies. The creation of these roles demonstrates the Company's continued investment in its cyber platform and commitment to strengthening its leading market position.

Mr. CORDONNIER is based in London and will report to James BOYCE, CEO, Global Specialties, Guy Carpenter. Mr. CORDONNIER is a key figure in the cyber reinsurance market and joins from Swiss Re where he was most recently Director and Head of the company's Reinsurance Cyber Center responsible for building its portfolio and overseeing its global underwriting activities. In addition, he currently serves as the Chair of the International Underwriting Association's Cyber Reinsurance Committee. Mr. CORDONNIER will start the new job in the second half of 2021.

Ms. DAVIS is based in New York and will report to Will GARLAND, President, Centers of Excellence, North America, Guy Carpenter. Ms. DAVIS joined Guy Carpenter in 2018 and was most recently Managing Director and Leader of the company's North America Cyber Center of Excellence, a dedicated team of cyber brokers, product innovators and analytics experts. With over 20 years of experience in the cyber (re)insurance market, she is a leading industry figure and has played a central role in development of Guy Carpenter's strategic approach in the sector. She will start immediately her the new role within the Cyber team.

As part of the ongoing expansion of its cyber expertise, Guy Carpenter also announced the appointments of Jess FUNG as Managing Director and North American Cyber Analytics Lead, and Rebecca RUDDY as Senior Vice President within its North America cyber team. Ms. FUNG most recently served as Executive Vice President at Willis Re, leading its U.S. West Coast actuarial team, and Head of Analytics of both its Professional Liability Segment and the Global Cyber Practice Group. Ms. RUDDY joins from Aon Reinsurance Solutions, where she was a Director and Reinsurance Treaty Broker, and a member of the firm's Global Cyber Practice Group.

Commenting on the announcement, Mr. BOYCE said: "At Guy Carpenter, we have built our reputation in the cyber arena on our ability to develop solutions for our clients that combine the breadth of expertise within our team, the technology that we bring and the depth of analytical insight that we offer. By appointing Erica and Anthony as our Global Heads of Cyber and bringing the scope of our cyber capabilities together in a single, globally unified team we believe we can offer the market a truly exceptional suite of services and solutions."

Mr. GARLAND added: "The speed at which the cyber threat landscape is developing demands the highest level of knowledge and experience to ensure that risk transfer solutions are evolving at pace. As our cyber team grows, we are continuing to deliver unmatched expertise and insight to help our clients around the world address the multiple cyber challenges they face."