Beazley announces new global head of Cyber Services

Raf Sanchez helped to develop the firm's breach response services

Beazley has announced that Raf Sanchez, currently international manager of its Breach Response Services, has been appointed to the role of global head of Cyber Services role on the 1 October, and joins the Global Cyber and Tech Management team.

The firm said Sanchez has been “integral” to the development of Beazley’s breach response services, which are a “key element” of the Beazley Breach Response (BBR) product that was launched in 2009.

It added that he will also help the pre and post loss services that BBR’s reputation has been “built upon” to continue to develop, and that they are “increasingly important” in the face of rising global cyber threats and severity of attacks.

In his new role Sanchez will continue to be based in London.

Paul Bantick, global head of Cyber and Technology at Beazley, said: “We have created the new role of Global Head of Cyber Services to further enhance our commitment to underwriting cyber exposure, and harnessing data and technology to equip clients with the best possible risk management tools.

“Raf’s unique knowledge and experience of the cyber threat landscape and optimum risk management practices will be invaluable as we develop another layer of protection for businesses grappling with the new, post-covid cyber risk landscape.

He added: “In his new role, Raf will direct global risk management and incident response functions, playing a pivotal role in Beazley’s Cyber Ecosystem. With a focus on giving clients the power, autonomy, knowledge and desire to proactively manage down their cyber exposure by investing in and building out their cyber resilience.”

Sanchez said: “This is a critical time for cyber risk; with an increasingly distributed workforce, well-funded and innovative adversaries and the challenge of fending off a barrage of constant attacks, there has never been a more important time to help clients to be better prepared to respond. We are moving into an exciting but challenging chapter of our cyber journey.

“Our experience across tens of thousands of incidents of all types and severities and in a multitude of territories means that we can provide unique insights and expertise to our clients. I am excited to be taking on this new global leadership role spearheading this critical unit at a time when our clients need our support more than ever.”

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