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Specialty program administrator Dual North America Inc. said Thursday it had expanded its cyber liability underwriting unit, adding two senior cyber underwriters from Chubb Ltd. and Axa XL, a division of Axa SA.
Larry Baldino, former North American cyber and tech, errors and omissions product manager at Chubb, has joined as cyber division leader, Naples, Florida-based Dual North America, part of the Dual Group, the specialist underwriting arm of Howden Group Holdings Ltd., said in a statement.
Mr. Baldino brings more than 18 years of industry experience and at Chubb led efforts to grow cyber and tech distribution channels, Dual North America said.
Mr. Baldino will be based in Hartford, Connecticut, and reports to Jim O’Connor, Dual North America CEO.
Kate Walas, former head of cyber tech operations at Axa XL, has joined as senior vice president in the cyber division, Dual North America said.
Ms. Walas has 18 years of industry experience in financial lines and at Axa XL managed the operations team, developed the alternative distribution strategy for cyber and worked in underwriting, Dual North America said.
Ms. Walas will be based in Hartford, Connecticut, and report to Mr. Baldino.
Celerity Pro, an insurtech professional lability and cyber risk underwriter backed by a Munich Reinsurance Co. unit, has officially launched, with cyber liability and miscellaneous professional liability products that are designed for small to midsized businesses, the New York-based firm said Tuesday.