Canopius strengthens cyber team with new hire

Canopius strengthens cyber team with new hire | Insurance Business Asia

Insurance News

Canopius strengthens cyber team with new hire

Expert will co-lead development of cyber threat consultancy service

Insurance News

By
Steven Byerley

Canopius, a global specialty (re)insurer, has announced the appointment of Isabel Finn as a senior cyber threat intelligence analyst.

In her new role, Finn will collaborate closely with Mathin Ahmadi, head of cyber insights and analytics at Canopius, to launch the company’s in-house cyber threat consultancy service.

Finn previously worked as a threat intelligence consultant at FTI Consulting. Prior to that, she served as a cyber threat analyst at Darktrace and a consultant cyber analyst at government advisory firm Francis Maude Associates (FMA).

At Canopius, Finn will co-lead the introduction and development of the firm’s new cyber threat consultancy service. This practice aims to provide enhanced support to insured clients, offering expert guidance on strengthening their cybersecurity defences and delivering tailored risk mitigation programs, Canopius said. Building on the recent launch of Canopius’ Cyber Incident Management Team (CIMT), policyholders will now have access to specialised in-house support at every stage of a cyber incident.

Canopius has recently conducted one of the insurance market’s most extensive studies on the use of “outside-in” scanning tools to gain insights into cyber claims drivers. Finn will play a crucial role in advancing Canopius’ cyber pricing and risk selection process, leveraging the findings of this study and other research endeavours.

“The cyber threat is continuously evolving. Cyber criminals are becoming more sophisticated and their modes of attack more diverse,” Ahmadi said. “For our clients, understanding and mitigating the threat is as important as ensuring they have the appropriate cover in place if their systems are breached. We are committed to bringing on board the right mix of talent which will allow us to remain at the forefront of cyber threat intelligence and provide a leading service to clients, at every stage of their cybersecurity journey.

“I am very pleased to welcome Isabel to the cyber team, who represents another key hire as we continue to scale our services and capabilities. Isabel, like many of our recent hires, augments our underwriting expertise by bringing front line experience, from outside the insurance sector, to Canopius.”

“My work in cybersecurity has encompassed proactive and reactive approaches,” Finn said. “I have successfully operated in a security operations centre, engaged in threat hunting, conducted compliance and risk assessments, and led transformation programs. This range of experience provides me with a broad perspective of the threat landscape.

“My passion lies in building predictive and quantitative risk models that leverage cyber threat intelligence, macro business factors and technical security controls to assess an organisation’s risk level to cybersecurity threats. By combining these elements, and leaning on my breadth of cyber experience, I hope to deliver actionable insights to the cyber and technology team. I can’t wait to begin.”

Finn is the latest addition to the Canopius roster. The company also recently announced the appointment of Sam Harrison as group chief underwriting officer.

Have something to say about this story? Let us know in the comments below.