Risk analytics startup CyberCube is bringing on a former Swiss Re executive as part of its board of directors. Allied World promoted one of its rising executives to a position involving Asia Pacific Treaty Reinsurance. A veteran of Hiscox USA and AIG is joining cyber insurance startup At-Bay as its head of Insurance.
***
A former Swiss Re executive is joining the board of directors at CyberCube, a company focused on providing cyber risk analytics for the insurance industry.
Matthias Weber was group chief underwriting officer and a member of the group executive committee at Swiss Re between April 2012 and June 2018. Weber joined Swiss Re in 1992, working across a diverse number of roles and markets including leading property underwriting in the U.S. Direct Business Unit and serving as division head of Property & Specialty at Swiss Re.
The CyberCube platform was created within cybersecurity company Symantec in 2015. It now operates as a standalone company focused on providing analytics to the insurance industry with its software analytics platform.
***
A
llied World Assurance Company Holdings GmbH appointed Yeo Meng Wong as senior vice president and general manager of the Asia Pacific Treaty Reinsurance Division, effective immediately.
Wong will report to Kevin Marine, president and chief underwriting officer, Allied World Re.
Wong joined Allied World Re in 2010, initially as assistant vice president, International Treaty based in Singapore. Before joining Allied World Re, Wong held senior positions at Aon Benfield, including strategic head of Takaful, APAC and senior manager. Earlier in his career, he was Property and Engineering underwriter and senior risk manager at Swiss Reinsurance Company.
***
Cyber insurance startup At-Bay hired Hiscox USA and AIG veteran Brett Sadoff as head of Insurance.
Sadoff takes on the new job on Sept. 1, 2018 and will be responsible for design and deployment of At-Bay’s insurance program, field operations and underwriting. He will report to CEO Rotem Iram and serve as a member of the Executive Leadership Team.
Sadoff was most recently at Hiscox USA, where he served as head of Field and Hiscox partner. Before that, Sadoff served as SVP and Western Zone manager at AIG.
Sources: CyberCube, Allied World and At-Bay
Travelers: Distracted Driving Incidents Continue to Rise 
Triple-I: Insurance Economic Drivers Outperform Overall U.S. GDP 
Uncertainty Keeps Prices Up; No Prior-Year Loss Development: Travelers 
Survey: Majority of CA/FL Homeowners See Rise in Insurance Costs, Coverage Changes 
