[LONDON, 10 April 2019, 10:00 BST]  

We are honoured to announce that Takeshi Doi has joined AkinovA’s Advisory Board. Takeshi is Chief of Cyber Risk Section at MS&AD InterRisk Research & Consulting. As an industry leader in the world of cyber risk transfer, his experience combines (re)insurance value-chain expertise, detailed cyber risk knowledge, as well as research experience. 

Takeshi is also the Deputy General Manager of MS&AD Group’s Innovation Section, a researcher for the SFC Research Institute at Keio University and a researcher for the Center for the Research and Collaboration at Tokyo Denki University. Prior to his current role, Takeshi worked with the Cabinet Secretariat, Government of Japan and for the International Foundation for Information Technology. 

Takeshi’s focus will be to assist AkinovA in establishing our position as the leading platform to transfer and trade insurance-related cyber risks. Drawing on his in-depth knowledge of Cyber risks and the (re)insurance market, Takeshi will assist AkinovA in providing the (re)insurance market with a dynamic marketplace that can address the significant un-met demand from cyber risk cedents. 

Takeshi commented that “MS&AD demonstrates its continued commitment to promote sustainable industry growth through innovative partnerships.  We see the development of independent marketplaces across industries as strong growth catalysts. That is why we are pleased to assist AkinovA on its journey to provide more opportunities for clients to innovate across the (re)insurance industry.  More specifically, we think that their ultimate goal of dynamically matching risk with the right capital is much needed to unlock meaningful capacity to underwrite cyber risks at scale globally: cyber risks are dynamic by their very nature, it’s natural to transfer those risks through a digitally native platform.” 

The composition of the AkinovA Advisory Board has been carefully constructed to provide AkinovA with unparalleled insights, guidance and access to different parts of the (re)insurance and capital markets. As an independent marketplace, AkinovA’s ability to access this specialist knowledge and expertise is enabling us to deliver a marketplace that provides real value to every market participant. 

Takeshi joins the Advisory Board alongside (re)insurance and capital market industry luminaries Paul Jardine (formerly XL Catlin’s Chief Experience Officer), Daljitt Barn (Global Head of Cyber Risk, Tokio Marine Group),  Jonny Creagh-Coen (Fidelis’ head of strategic relations), Thomas C Heise (Co-founder of the Bermuda Commodities Exchange and Clearing House), Charles N. Bralver (Co-founder of consulting firm Oliver Wyman), Pierre Francotte (former CEO of securities clearing house Euroclear), Susan Estes (founder, President & CEO of OpenDoor Trading, LLC bond trading platform) and Erik Jansen (Co-founder of Pequot Ventures).

About MS&AD Insurance Group 

MS&AD Insurance Group Holdings, Inc. is a leading global insurance organisation, engaging in the management of its group companies which are Mitsui Sumitomo Insurance Co., Ltd., Aioi Nissay Dowa Insurance Co., Ltd. and others. Their mission is to contribute to the development of a vibrant society and help secure a sound future for the planet. MS&AD Insurance Group enables safety and peace of mind through the world-leading insurance and financial services business to customers in 47 countries and jurisdictions. For a sustainable and resilient society, MS&AD Insurance Group commits to build on creating shared value with stakeholders. For more information, visit www.ms-ad-hd.com.

About AkinovA

AkinovA is building an independent electronic marketplace for the transfer and trading of (re)insurance risks. Founded by experts from Insurance, Technology and Capital Markets, AkinovA is working with the existing (re)insurance value chain to help grow the overall market.AkinovA is backed by an accomplished Advisory Board with a wealth of experience in Insurance, Capital Markets and Technology. Whilst remaining an independent marketplace, AkinovA is working with leading insurance industry participants, including Hiscox and MS&AD Insurance Group. For more information, please go to: www.AkinovA.com

If you would like to find out more about AkinovA or how you can get involved, please contact: info@AkinovA.com