Lori Bailey
8 June 2023Analysis

AXIS Capital unveils global head of growth for cyber & tech division

AXIS Capital Holdings has appointed Lori Bailey as global head of growth within the global cyber & technology division. She reports to Dan Trueman, global head of cyber & technology.

In this newly created position, Bailey will play a key role in shaping the team’s strategic direction. According to the company she will focus on identifying, developing, and maximising opportunities that complement the existing appetite as well as those within emerging areas of growth across geographies, products, and customer segments.

“Lori’s reputation in the cyber sphere is second to none when it comes to shaping successful growth strategies and delivering rapid results,” said Trueman. “As we step up our ambition within the global cyber & technology team to identify new markets and enhance our footprint in areas where we see greater opportunity to grow with our partners, Lori’s expertise and experience will be an enormous asset to us and the wider AXIS team. We’re delighted to welcome Lori on board.”

Bailey joins AXIS from cyber-focused MGA Corvus where, as chief insurance officer, she led the risk capital and capital procurement strategy and was responsible for actuarial, catastrophe modelling, and captive management. She previously held senior positions at Zurich Insurance Group, leading the professional liability, specialty lines and cyber underwriting functions globally. She has also held underwriting and client advisory roles at AIG and Marsh.

More on this story

11 October 2021   Tom Rivers joins the specialty insurer after service as CRO for AXIS Managing Agency and Novae.
USA analysis
2 December 2016   Micro-captives face many of the same issues and exposures as SMEs when it comes to cyber risk, whether it’s protecting personal information, confidential corporate records or even their ability to operate, according to Lori Bailey, global head of specialty lines at Zurich.