From instinct to insight: Howden Re’s Luke Foord-Kelcey, David Flandro and Lawrence Chong on Asia-Pacific’s next cyber frontier
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Howden Re’s recent report, Into the Cyberverse, highlights Asia-Pacific (APAC) as central to the next phase of global cyber market expansion. As the market matures, its role in supporting global resilience is becoming ever more significant. Sitting down with The Insurer, Luke Foord-Kelcey, David Flandro and Lawrence Chong, discuss the region’s cyber evolution and why success will depend on insight rather than instinct.
“Cyber is undeniably maturing into a distinct asset class, and that trend is particularly visible in Asia where carriers are rapidly scaling their risk assumption,” says Luke Foord-Kelcey, Managing Director and Global Head of Cyber. “This growth requires vigilance.”
David Flandro, Head of Industry Analysis and Strategic Advisory, adds: “Tomorrow’s cyber market will be fuelled by insight, especially during the expansion phase we are witnessing in Asia. Robust models, richer data and advanced analytics are the engines that will unlock fresh capacity, attract new participants and contain accumulation risk.”
For Lawrence Chong, Regional Head of Cyber & Tech, Asia, the message is equally clear: “Cyber risk will remain a constant in Asia’s digital economies. The question is how we stay ahead of the curve to manage that risk more effectively for our clients, our industries and the wider global community.”
Asia-Pacific’s path to cyber leadership will be defined not be instinct, but by its capacity to turn data-driven insight into competitive advantage.