Underwriting veterans have been added to the roster
By Ryan Smith
Cyber insurance provider Cowbell has announced new additions to its US and UK teams.
The firm has named Claud Bilbao (pictured above left) as UK underwriting director. In the US, Matt Byrne (pictured above right) has joined the company as vice president of tech errors & omissions underwriting.
Bilbao will report to Simon Hughes, general manager for UK operations, while Byrne will report to Caroline Thompson, senior vice president of underwriting, Cowbell said.
“We are dedicated to closing the insurability gap and making cyber insurance accessible to small to medium-sized businesses around the world,” said Trent Cooksley, co-founder and chief operating officer of Cowbell.
“As seasoned underwriters with extensive experience across the cyber and technology insurance sector, Claud and Matt will help us achieve this goal. They are valuable additions to our growing teams in the UK and US.”
Prior to joining Cowbell, Bilbao served as a senior underwriter at CNA where he was responsible for running the London specialty cyber and technology portfolios for its firm and Lloyd’s platforms. He also served as US technology and cyber underwriter at CFC Underwriting.
“I’ve seen firsthand how critical cyber insurance is for SMEs and large global enterprises,” Bilbao said. “I look forward to bringing my experience of working with international companies to support the growing UK team at Cowbell.”
Byrne has more than eight years of experience in underwriting cyber and professional lines with traditional carriers and managing general agents. He also has experience working on traditional property and casualty lines supporting larger programs. Byrne will be based in the San Francisco Bay Area and focus on retail and wholesale relationships throughout the US.
“I am delighted to help the company continue to innovate and deliver value to SMEs,” said Byrne. “I share Cowbell’s vision of closing the SME insurability gap and look forward to using my expertise to help advance Cowbell’s mission.”
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