Cyber risk modeller Kovrr has announced that Hetul Patel has joined its advisory board.
Hetul is currently Director for non-life consulting at Actuaries OnTap. He has extensive knowledge of the reinsurance industry gained through his 20 years’ experience working as an actuary and executive in the global reinsurance industry.
His experience includes traditional actuarial areas such as pricing, reserving and capital management, as well as underwriting and financial planning.
He is Former Chief Actuary at Asia Capital Re and XL Catlin where he worked with all core functions. He shaped corporate strategy, implemented transformation projects and negotiated M&A deals.
Patel commented: “I’ve had the pleasure of working with Kovrr’s product hands on during my time at Asia Capital Re and have personally seen the strong added value of Kovrr’s cyber risk quantification platform and the support their team provides.
“The product’s innovative extended views of risk, such as analysing cyber risk aggregation using CRA-Zones and the ability to rollup reinsurance portfolios was a great asset in modelling cyber risk.”
Golan, CEO of Kovrr added: “Kovrr’s promise to its clients and partners is to keep bringing top-notch industry experts to the team to make the product experience, features, functionalities, and service reach the highest standard for market needs.
“In the past couple of years while working with Kovrr, Hetul has demonstrated his unique reinsurance experience which helped in shaping Kovrr’s reinsurance cyber risk modelling set of solutions.”