Cowbell has appointed David Junius to be its new chief financial officer.
Junius, who recently departed his role of chief financial officer at SiriusPoint, joins the firm in the wake of Cowbell debuting Adaptive Cyber Insurance.
Jack Kudale, founder and CEO at Cowbell, said: “I am looking forward to David joining the team. In today’s dynamic market, David’s vast experience in capital planning and regulatory reporting, paired with his long and tenured background in the (re)insurance market, brings the insight we need to better serve our policyholders with adaptive insurance. We are thrilled to welcome him to the Cowbell team.”
This new hire comes on the heels of a noteworthy year for Cowbell, including a $100m Series B capital raise in March, national membership with the Small Business Digital Alliance, and the introduction of its new Adaptive Insurance offering. It back said that the impact of Adaptive Cyber Insurance is already tangible across current Cowbell policyholders, where continuous risk assessment and risk engineering efforts have contributed to an overall 9 percentage point improvement of their risk profile as benchmarked against their industry peers.
A few weeks ago, the firm also launched a new subsidiary known as Cowbell Specialty.
Cowbell has been in the news a lot here on Reinsurance News. In August, the firm announced a partnership with Swiss Re and the launch of its products on Amwins’ Professional Lines portal. The firm also announced a bunch of news appointments, including Julia Cererroth as senior director of reinsurance, Matthew Jones as chief strategy officer, and Sean Park to its board of directors.
Junius said: “I am excited to join Cowbell during this pivotal time for the company. Cowbell is leading the market in the rapidly-growing cyber insurance category and serving customers in new ways with the advent of Cowbell’s Adaptive Cyber Insurance. I look forward to using my knowledge of the capital markets to help the company improve operations and profitability.”