Howden appoints Jean Bayon de La Tour as International Head of Cyber
London, 16 November 2023: Howden, the global insurance group, today announces the appointment of Jean Bayon de La Tour as International Head of Cyber, effective immediately. This is an important milestone in the company’s strategy to attract industry-leading broking talent to meet rising demands from clients who are seeking insurance solutions to build resilience against cyber-attacks. The insurance market more broadly is responding to this increasing threat landscape, and the Cyber market is predicted to grow from USD 12 billion in 2012 to USD 50 billion by 2030, according to Howden’s recent 2023 Cyber Report.
Starting his career in banking with various roles in Wealth Management and Internal Audit, Bayon de La Tour previously led Marsh’s Cyber broking operations in France, and was later appointed Managing Director and Head of Cyber for Marsh Europe. He will continue to be based in Spain, and will report to Shay Simkin, Group Global Head of Cyber.
Shay Simkin, Group Global Head of Cyber, Howden, said: “Howden is committed to advocating for clients as the market adapts to what is a fluid and highly charged threat environment, and aims to support clients on their cyber journey by ensuring that they have the knowledge and tools to make their businesses more resilient. To achieve this, our strategy is to attract the best talent in the market, and we are delighted to welcome Jean to the Howden family. We could not have wished for a better addition to our team and he will be central to our strategy as we navigate the next phase of growth of the Cyber market.”
Jean Bayon de La Tour, International Head of Cyber, Howden, said: “I have witnessed the exceptional growth of the Cyber insurance market for more than a decade first hand, and I am excited to be joining Howden at this pivotal moment. By tackling key challenges around distribution, tail-risk and capital, the market is on the cusp of transformational growth, and I am looking forward to working across Howden’s international footprint in this next exciting chapter. Cyber insurance is a critical tool to ensure cyber resilience for companies of all sizes globally, and I will bring all my energy to better understand the needs of clients.”