Insurtech DeNexus opens London office to build out presence in Europe

Insurtech DeNexus, a provider of second-generation cyber risk modeling for global re/insurers and investors in insurance-linked securities (ILS) space, has opened a London office as part of its strategy to build out its cyber expertise in the European market.

The London office will be headed up by Mitesh Chauhan (Pictured), global VP product, who joins from Entrust, where he was global product director, cloud & security services.

Also joining the London office is data scientist Nicholas Robert, who has a decade of experience in data science, and joins from the London office of content delivery network, Cloudflare.

DeNexus has developed its DeRISK platform, a second-generation cyber risk modeling platform, which helps industrial organisations, underwriters, reinsurers, and ILS investors to fully understand the real risks associated with cyber breaches.

“The opening of our offices in Lugano, Switzerland last summer, and now in London, UK, are important steps for DeNexus as we build out our presence in Europe to grow our technology business and to enable cyber risk for the risk transfer industry at scale,” said Jose Seara, chief executive officer at DeNexus. “The new office in London gets us closer to one of the hubs for the risk transfer – insurance business - so we can better serve their cyber data needs.”

Chauhan said: “I am honored to head up DeNexus’ London office, and to be part of a team bringing the benefits of the DeNexus Trusted Ecosystem to more stakeholders.  The DeNexus Trusted Ecosystem is a combination of data integrity, encryption and anonymization tools, security standards and certifications, trusted and certified infrastructure, policies and procedures which enable strict control over the dissemination of data among cyber risk owners, managers, and the cyber risk transfer industry at large.”

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