Aon has made two promotions within its cyber reinsurance business, with Catherine Mulligan and Luke Foord-Kelcey both moving into elevated positions at the broking house.

Catherine Mulligan has been named global head of cyber for Aon’s Reinsurance Solutions business.

In her new role she will be responsible for setting strategy, driving growth, building the team

while also working closely with Aon’s cyber solutions group. Mulligan was previously head of US cyber.

She will report to the UK CEO of Aon’s Reinsurance Solutions business Nick Frankland.

Alongside Mulligan, international head of cyber Foord-Kelcey has also had his remit expanded.

In addition to his previous responsibilities he will now identify potential new cyber products in his newly created role of global head of cyber innovation. He will report to Mulligan.

“The cyber market is evolving at a rapid pace and now is the time for insurers to tap into this growth opportunity,” Andy Marcell, CEO of Aon’s Reinsurance Solutions business said.

“The appointments of Catherine and Luke have enabled us to boost our structure to in turn further help our clients to navigate the challenges in an ever-changing line of business through innovative reinsurance, analytics and white labelling,” Marcell said.