Reinsurance News

Cowbell opens new technology center in Pune, India

23rd March 2023 - Author: Jack Willard

Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs) has announced the opening of a new technology center in Pune, India.

The new center will augment the firm’s existing development centers in Pleasanton, California; Plano, Texas; and Toronto, Canada. At the same time, it will also drive further global footprint for the company too.

Cowbell also announced that it has appointed Rahul Hatkar as Vice President and General Manager to lead the India operations.

An experienced veteran within the industry, Hatkar has 20 years of experience in software engineering, product development, and strategy in banking, financial services, insurance, connected devices, and AI.

Throughout his career, he has served in various leadership positions, including VP of Engineering at Persistent and General Manager at Cerence.

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“Cyber incidents continue to plague small and medium-sized enterprises and threaten socio-economic stability. Adaptive cyber insurance programs coupled with precision in underwriting, scale in distribution, and closed loop risk management are paramount to address this evolving threat,” said Hatkar.

“The India technology center enables us to innovate at an accelerated pace. We look forward to hiring the best engineering, data science, and product talent for our India-based technology center.”

The newly opened India technology center will play an important role in the effort to address an ever-increasing cyber threat landscape. According to Check Point Research, the volume of cyber incidents continues to drastically increase, as compared to 2021, in 2022 there was a 38% increase in global attacks.

Further, through the opening of this new technology center, Cowbell is further addressing its mission in closing the insurability gaps for SMEs.

“Expanding our engineering operations to India opens access to an infinite talent pool and a once-in-a-lifetime opportunity for the technologists in the field,” commented Rajeev Gupta, co-founder, and chief product officer at Cowbell.

“With this new technology center, we immediately accelerate delivery to support our profitable growth expansion strategy. Rahul’s proven experience and authentic leadership will provide faster onboarding, career trajectory, mentorship, and an unmatched work experience for new colleagues.”

Cowbell recently launched Cowbell 365, an around-the-clock service that offers policyholders support for risk improvement and incident response.

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