GC brings in Swiss Re’s Cordonnier as global cyber co-head

Guy Carpenter has appointed Anthony Cordonnier as managing director and global co-head of cyber, with Erica Davis promoted to the same role, as the intermediary makes a number of hires to its cyber business.

Cordonnier was most recently director and head of the Swiss Re’s reinsurance cyber centre. At the reinsurer he was responsible for building its portfolio and overseeing its global underwriting activities.

He took on his current role in April 2017, according to his LinkedIn profile. Cordonnier has held a series of increasingly senior roles at Swiss Re since joining the carrier’s graduate training programme in 2008.

He currently serves as the chair of the International Underwriting Association’s Cyber Reinsurance Committee.

Cordonnier will take on his new role in the second half of 2021, with Davis’ promotion to global co-head of cyber effective immediately.

Davis was most recently managing director and leader of the firm’s North America cyber centre of excellence.

Guy Carpenter said the duo will co-lead its cyber team to utilise more effectively its global footprint, advanced analytical capabilities and expansive sector knowledge, offering clients and prospects more efficient and effective placement strategies.

Based in London, Cordonnier will report to James Boyce, CEO of global specialties, while New York-based Davis will report to Will Garland, president, centres of excellence, North America.

In addition, Guy Carpenter has hired Willis Re’s Jess Fung as managing director and North American cyber analytics lead.

Fung most recently served as executive vice president at Willis Re, leading its US West Coast actuarial team, and head of analytics of both its professional liability segment and the global cyber practice group.

Guy Carpenter has also added Rebecca Ruddy as senior vice president within its North America cyber team.

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.

The restructuring of Guy Carpenter’s cyber division cames after laset year’s departure of its US cyber solutions specialty practice leader Jeremy Platt. The executive left to take up a senior position at Gen Re, a move first reported by The Insurer.

Commenting on the announcement, 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.”