Cowbell bolsters US, UK groups

Cyber insurance coverage supplier Cowbell has introduced new additions to its US and UK groups.

The corporate has named Claud Bilbao (pictured above left) as UK director of underwriting. Within the US, Matt Byrne (pictured above proper) has joined the corporate as vice chairman of tech errors & omissions underwriting.

Bilbao will report back to Simon Hughes, common supervisor for UK operations, whereas Byrne will report back to Caroline Thompson, senior vice chairman of underwriting, Cowbell said.

“We’re devoted to closing the insurability hole and making cyber insurance coverage accessible to small- to medium-sized companies all over the world,” mentioned Trent Cooksley, co-founder and chief working officer of Cowbell.

“As seasoned underwriters with a wealth of expertise throughout the cyber and know-how insurance coverage sector, Claud and Matt will assist us ship on this aim. They’re helpful additions to our rising UK and US groups.”

Previous to becoming a member of Cowbell, Bilbao served as a senior underwriter at CNA the place he was liable for operating the London specialty cyber and know-how portfolios for each its firm and Lloyd’s platforms. He has additionally served as a US know-how and cyber underwriter at CFC Underwriting.

“I’ve seen first-hand how vital cyber insurance coverage is for SMEs and huge international enterprises,” Bilbao mentioned. “I’m desperate to carry my expertise working with corporations internationally to assist Cowbell’s rising UK workforce.”

Byrne has greater than eight years of underwriting expertise in cyber {and professional} strains at conventional carriers and managing common brokers. He additionally has expertise engaged on conventional property & casualty strains supporting bigger packages. Byrne might be primarily based within the San Francisco Bay Space and deal with retail and wholesale relationships all through the US.

“I’m thrilled to assist the corporate proceed innovating and delivering worth to SMEs,” Byrne mentioned. “I share Cowbell’s imaginative and prescient to shut the SME insurability hole and am keen to make use of my abilities to assist drive Cowbell’s mission ahead.”

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