Measured Analytics and Insurance, a data and analytics-driven cyber insurer, has appointed Nick Little as Head of Insurance.
Little will be part of the company’s leadership team, where he will drive innovation, efficiency, and progressive disciplined underwriting as well as expanding the distribution of Measured’s products.
He has been serving in various roles within the cyber insurance industry for over 13 years, both for carriers and brokers in the US and London markets.
Little most recently served as Vice President of cyber and technology at CRC Insurance Services. Prior to that, he worked in underwriting at various levels with At-Bay, Beazley, and QBE.
Measured is bridging the gap between technology and insurance by using AI-powered analytics to track individual exposure in real-time to create smarter cyber insurance products.
The company currently provides cyber coverage for small and medium companies in the US, with revenues up to $500 million.
“Measured continues to attract top talent adding to the deep expertise we bring as a leader in the cyber market,” said Sarah Knights, Measured’s Senior Vice President of Operations. “At Measured, every team member brings a unique blend of knowledge and experience that collectively allows us to innovate and provide data-driven underwriting within the cyber insurance market.
“In addition to his extensive underwriting experience, Nick champions our culture of forward-thinking innovations, operational excellence, stewardship, and inclusion.”
Measured CEO, Jack Vines, added: “I am extremely excited to have Nick join Measured. Nick brings the right balance of industry experience, coupled with the knowledge that the cyber insurance market must innovate faster than the attackers if it is to grow profitably. Innovation, creativity, and discipline are paramount, and Nick has all three.”
Little, also commented: “I have been involved in the cyber insurance market since it began, and I have seen it rise from a “nice to have” to one of the most in-demand coverages. It is evident that traditional models of risk assessment, security mitigation, and distribution do not always work, and therefore, a more measured approach is needed.
“Measured leverages artificial intelligence and machine learning to analyze risk differently than any other provider in the cyber market. These technologies enable us to provide small and medium-sized businesses in the US with responsible, calculated, and expertly crafted cyber insurance coverages.”
