• Fri. Apr 19th, 2024

Expert Cybersecurity Exec Joins AXIS Capital Holdings to Oversee Underwriting Profitability

BySamantha Johnson

Mar 6, 2024
New Cyber & Technology CUO Joins AXIS Capital

AXIS Capital Holdings has appointed Simon Dejung as chief underwriting officer for global cyber & technology, effective immediately. In his new role, Dejung will be responsible for overseeing underwriting profitability across the GCT global platforms, which include North America, Europe, and the London market. He will work on driving strategy and enhancing standards in underwriting and enterprise portfolio management.

Dejung joins AXIS from SCOR where he spent 13 years, most recently as the Cyber Chief Underwriting Officer. Prior to his time in the insurance industry, Dejung held senior technical roles in various sectors, including science, engineering, and energy. This diverse experience has provided him with a unique understanding of customer needs, particularly in the realm of cyber risk management.

Bailey emphasized that underwriting excellence and portfolio management are crucial factors for success in the company’s growth strategy. She expressed her excitement in welcoming Dejung to the leadership team, highlighting his expertise in cyber and underwriting governance as valuable assets for achieving consistent and profitable growth in the evolving landscape of cyber and E&O risks.

With a strong background in cyber and specialty lines insurance and reinsurance, Dejung brings valuable skills to AXIS Capital Holdings’ efforts to drive growth through strategic decision-making. He will be based in Zurich, Switzerland

By Samantha Johnson

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