September 3rd, 2020


Silent Cyber: How Lloyd’s 2020 changes have affected your Property coverage

By: Newsroom

BMS’s Cyber team recently sat down with Paul Gooch, Cyber Underwriter at Tokio Marine Kiln, and Will Wornham, Wordings Manager for the North American D&F team at BMS, to discuss Silent Cyber in the Property Market. The discussion follows on from the Lloyd’s Silent Cyber mandate, which has brought about big changes to the market since its implementation at the start of this year. From defining Silent Cyber and setting out these changes, to discussing the implications for policyholders and brokers handling new exclusions, this discussion should help give you an insight into the shifting market place.


  1. Cyber Risk
  2. What is Silent Cyber?
  3. What’s Changed at Lloyd’s
  4. How changes are affecting your Property Policy
  5. Exclusions
  6. What are your options?
  7. What are the current problems?


Paul Gooch
Cyber Underwriter - Tokio Marine Kiln (TMK)

Paul joined TMK in 2009 and has a background in commercial property and business interruption insurance, with a particular focus on manufacturing, heavy industry, logistics and telecommunications risks. Paul graduated from University College London in 2008 with an Honors degree in Politics, specialising in US-Europe-Russia relations.

William Wornham
Wordings Manager - BMS North American D&F

Will has been the BMS Wordings Manager since February 2020. Previous to this Will spent 12 years as a D&F Property and Construction Underwriter at a Lloyds Syndicate, underwriting; complex US and International Property programmes, and latterly technological construction projects. After Will graduated from University he joined the Graduate Underwriting Programme at Allianz Commercial in the UK.

Simon Meech
Cyber Broker - BMS Cyber & Technology

Simon is a Chartered Insurance Broker working in the London market for the past 5 years. Having worked previously on both the underwriting and claims side, Simon has an all round view of the insurance market. While at BMS Simon’s focus has been on Silent Cyber, with property damage and resultant business interruption being a favourite topic of his.