Howden Re boosts cyber reinsurance with new appointment

The company forecasts the cyber insurance market to reach $40b by 2030.

Howden Re expanded its Cyber Reinsurance capabilities with the appointment of  Harriet Gruen as head of Cyber Threat Intelligence to address the growing cyber risk landscape. 

Gruen will be based in London. She also brings extensive experience to Howden Re, with eight years in the cyber industry, including roles at AXIS Capital and Tokio Marine Holdings. 

At AXIS Capital, she played a pivotal role in launching the first 144A cyber catastrophe bond and led investor education on cyber risk. Her expertise in cyber threat intelligence will be crucial in supporting Howden Re’s clients in navigating the complexities of cyber risk.

Luke Foord-Kelcey, global head of Cyber at Howden Re, emphasised the importance of this expansion, noting the projected growth of the Cyber insurance market to over $40b by 2030.