White House cybersecurity meeting leaves insurance execs optimistic

Insurance executives who attended a White House meeting on cybersecurity Wednesday say the meeting was productive and left them more optimistic about businesses’ ability to tackle the issue.

The U.S. government on Wednesday said it would work with industry to hammer out new guidelines to improve the security of the technology supply chain in a meeting kicked off by President Joe Biden, who appealed to private sector executives to “raise the bar on cybersecurity.”

Greg Hendrik, CEO of Bermuda-based, private equity-backed insurer and reinsurer Vantage Group Holdings Ltd., said the meeting was “reassuring.” 

“It was a very rich conversation that we had across a number of topics,” including the need for an estimated half-million cybersecurity personnel and to do a better job in sharing data, Mr. Hendrik said.

Attendee Joshua Motta, co-founder and CEO of San Francisco-based Coalition Inc., which provides cyber liability insurance and security to organizations in

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