Reinsurance News

Converge Insurance

Converge gets additional cyber insurance capacity from Lloyd’s

30th March 2026

Converge, a company specialising in cyber risk management and underwriting, has secured additional underwriting capacity from Lloyd's, the world's oldest insurance and reinsurance marketplace, for companies with annual revenues up to $5 billion. Simultaneously, existing capacity partner, Obsidian Insurance Group, has increased its capacity threshold from $1 billion to $5 billion ... Read the full article

Converge appoints Howie Altman as Chief Technology Officer

22nd January 2026

Converge, a company specialising in cyber risk management and underwriting, has announced the appointment of Howie Altman as Chief Technology Officer. Altman joins Converge to build on its AI and data capabilities, accelerate the company’s technology roadmap, and scale its proprietary platform to support profitability. In his new role, he will further ... Read the full article

David Kimmel joins Converge Insurance as CFO

21st May 2025

Converge Insurance, a company specialising in cyber risk management and underwriting, has announced the appointment of David Kimmel as its new Chief Financial Officer. Kimmel is joining the company with over 35 years of experience across insurance, investment banking, and emerging technologies. As Converge accelerates its expansion and strengthens its leadership in ... Read the full article

Converge expands cyber insurance capacity through partnership with Obsidian

10th February 2025

Converge Insurance, a company specialising in cyber risk management and underwriting, has secured underwriting capacity from Obsidian Insurance Group, strengthening its ability to provide comprehensive cyber coverage for businesses with up to $1 billion in revenue. Backed by a panel of top-tier reinsurers, this partnership reinforces Converge’s commitment to offering tailored, ... Read the full article