Intangic MGA, a London-based cyber Managing General Agent (MGA), has announced the appointment of Debbie Durkan as Commercial Director. Debbie will be responsible for driving the growth and distribution of the company, which is focused on offering innovative new insurance capacity for large public corporations.
Debbie has more than 25 years of experience in the insurance market and has held various senior roles in insurance broking firms. She joins from Marsh, where she served most recently as Chief Client Officer for the UK Commercial group and was previously Global Head of Business Development at Bowring Marsh. Prior to Marsh, Debbie was a Senior Partner with JLT Group, and she also held growth leadership roles at Gallagher.
In her new role, Debbie will be responsible for developing Intangic’s growth and distribution strategy, with a focus on building relationships with the MGA’s target client base, including large PLCs, brokers, and captive managers. Since Intangic MGA’s launch in March 2023, Debbie has been working on developing the company’s growth and distribution strategy.
“I am delighted with the response from key broker and client partners since Intangic MGA launched 4 weeks ago,” said Debbie. “We talk a great deal in the market about the need for innovation, and it is clear from our discussions with clients that they are embracing new ways for dealing with cyber risk.”
Debbie is excited to be working for a firm that is driving innovation forward from the perspective of a client. Intangic’s alternative approach to technology risk is exactly what major organizations need right now. The combination of data science and risk management, with stellar backing and knowledge of cyber risk behind the organization, was what appealed to her about this role.
Intangic MGA launched its cyber parametric policy, CyFi™, in March 2023, which offers large public corporations fast recovery from the material impact of cyber breaches. Using a parametric trigger and active monitoring of risk activity, the company’s product provides clear protection and avoids payout surprises. CyFi™ was developed to strengthen rather than replace existing cyber indemnity policies.
“The progress Intangic MGA has made since we launched has surpassed our expectations,” said Ryan Dodd, Founder and CEO of Intangic MGA. “I am thrilled someone of Debbie’s calibre is a part of the team, spearheading our growth strategy as we kick into high gear. Debbie has been an incredible asset to Intangic MGA bringing with her the knowledge and experience from working with the very companies the product is designed for. I look forward to working with Debbie as we continue on our growth trajectory, including plans to launch in the US soon.”
Intangic MGA is a data science-driven London-based cyber underwriter, offering innovative new insurance capacity for large public corporations. The company is an affiliated company between Intangic and Acies Management Holdings Limited (Acies MGU), which is authorized and regulated by the FCA (FRN number 830581).
With the appointment of Debbie Durkan as Commercial Director, Intangic MGA has taken a major step towards strengthening its position as a leading cyber underwriter. The company’s innovative approach to data science and risk management, combined with Debbie’s wealth of experience in the insurance market, is sure to drive growth and distribution in the coming months and years. Intangic MGA’s focus on offering innovative new insurance capacity for large public corporations is an exciting development in the market, and the launch of its cyber parametric policy, CyFi™, is a clear indication of the company’s commitment to providing clear protection and avoiding payout surprises.