Cyber firm Coalition names head of business development

Cyber insurer and security company Coalition Inc. said Monday it has named Marcin Weryk head of business development, a new position.

Mr. Weryk was most recently New York-based head of cyber West and South at Axa XL, a unit of Axa SA.

San Francisco-based Coalition said in May it had raised $90 million in capital.

Coalition said in its statement that as head of business development, Mr. Weryk, who will be based in New York, will support the company’s growth by driving its company’s distribution strategy.