Argenta cyber head to capitalise on post-pandemic demand

Argenta Syndicate Management has appointed Jonny Groves as head of cyber, effective immediately, as it seeks to take advantage of growing demand for cover for the emerging risk.

Groves (pic) joins ASML from Tokio Marine Kiln where, since 2017, he was a cyber underwriter, leading the team for delegated authority business. He brings with him almost 10 years of delegated authority experience, having started his insurance career at Hardy Underwriting Agencies before moving to RJ Kiln (now Tokio Marine Kiln).

Based in London, Groves will report to Barney Smythe, deputy active underwriter and head of specialty.  In his new role, Groves will be responsible for leading Argenta’s global cyber business while overseeing its underwriting and business development.

Commenting on the appointment, Smythe, said: “Under Jonny’s leadership we will be in the position to strengthen our cyber presence in the London market. As an experienced industry professional, his extensive cyber insurance expertise and broader risk knowledge make him well-placed to lead our cyber business in the UK and beyond and I am very pleased to welcome him to the team.”

Ian Burford, director of underwriting and active underwriter of Argenta Syndicate Management’s Syndicate 2121 and SPA 6134, added: “The pandemic triggered an enduring shift in the way businesses operate, which is pushing the demand for commercial cyber cover. Jonny brings a wealth of experience and a significant track record that aligns perfectly with our strategy. His appointment underpins our long-term commitment to the cyber market and I am delighted to welcome Jonny to our team.”