ST. LOUIS--(BUSINESS WIRE)--Safety National announced today that Spencer Timmel, CIPP/US, CIPM, has joined the company as National Director of Cyber and Technology. In his new capacity with Safety National, Timmel will be responsible for leading Safety National’s emergence as a provider of cyber liability and other related coverage.
With nearly 20 years in the industry and a decade of cyber-related experience, Timmel brings an extensive background to Safety National, including a particular focus in the areas of risk identification and modeling, breach preparedness, coverage analysis and claims advocacy. He held a variety of client- and market-facing roles at brokerage firms, most recently serving as Cyber and Technology Risk Practice Leader.
“We are excited to welcome Spencer to our team,” said Mark Wilhelm, CEO of Safety National. “In response to trends and emerging needs, Safety National is in the process of developing cyber liability and other related offerings. Spencer brings invaluable experience to the process and will be instrumental in our cyber insurance product development.”
Safety National expects to launch its cyber liability offerings in the second quarter of 2017.
Safety National is a leading provider of alternative risk funding products such as excess workers’ compensation, deductible casualty, loss portfolio transfers and treaty reinsurance. Safety National is a member of the Tokio Marine Group and is rated “A+” (Superior), FSC XIV by A.M. Best. Learn more at www.safetynational.com.