Tokio Marine Holdings has appointed Daljitt Barn to the newly-created role of global head of cyber risk, the carrier announced today.

Barn – who will be based in London - joins from Munich Re, where he was most recently head of cyber innovation and consulting services.

He joined the reinsurance giant in 2015 as head of cyber, according to his LinkedIn profile. Prior to this he worked at PwC where he built out the cyber team.

In his new role he will be responsible for setting Tokio Marine’s cyber strategy, his new employer said in a statement.

“We are delighted that Daljitt has joined the Tokio Marine Group,” Tokio Marine’s chief risk officer Kuni Fujii said.

“Cyber risk presents the insurance industry with both an opportunity and a threat and he will be critical to Tokio Marine as we continue to develop our presence and understanding in this important area.”

Barn added: “This truly is a great opportunity and I can’t wait to get started at Tokio Marine Holdings.”

“The global brand and market reputation are second to none, and I look forward to working closely with the cyber insurance and cyber risk teams to further develop a secure platform for success,” Barn went on.