Pera is launching as a division of Desq — USQRisk’s managing general agent accelerator/incubator — and is the first program Desq has brought to market. Pera will be managed by CUO Jeffrey Batt.
Batt has a background in national security and cyber security, and previously held cyber roles at M&T Bank, AmTrust Financial Services and Trium Cyber US Services, where he was head of product. Prior to that, Batt was a senior client adviser at Marsh and served as an associate deputy general counsel at the US Department of Defense.
Pera will be developing products targeted to the US Market for Chaucer Group, an international specialty insurance and reinsurance group headquartered in London. Chaucer has significant underwriting expertise in cyber-related risks.
“The launch of Pera is an exciting opportunity for the US market, especially as cyber risks become increasingly complex and the need for specialized solutions increases,” said Piers Tuggey, head of cyber at Chaucer.
While Pera’s offering is being made available to a broad range of cyber risks, Batt noted that it will prioritize entities with a strong security posture.
