16 July 2020Insurance

Kovrr adds former Lloyd's managing agent CRO to board

Cyber risk modelling firm Kovrr has added  Visesh Gosrani, chair of the Institute and Faculty of the Actuaries Cyber Risk Working Party, to its advisory board.

Gosrani has over 20 years of experience as an actuary and chief risk officer in the insurance industry. He currently runs a consulting firm, where he advises insurers and reinsurers on issues surrounding cyber strategy. Gosrani co-founded Shoal, which was acquired by Cyence. After the acquisition, he was named director of actuarial and risk at Cyence and continued in this role after Cyence was acquired by Guidewire. Prior to working for Cyence and Guidewire, Gosrani was chief risk officer for Asta, a Lloyd’s of London managing agent, actuarial leader for Genworth and a consulting actuary for Deloitte and PwC.

Yakir Golan, CEO of Kovrr, said: “We’re excited to welcome Visesh to the advisory board. Kovrr constantly introduces innovation to provide its customers with unique views of risk. I’m confident that Visesh’s extensive experience in actuarial science, cyber risk modeling, and the insurance industry will be a great asset to Kovrr’s team, customers, and partners.”

Gosrani commented: “Kovrr provides insurance professionals unique visibility into their modeling methodologies and the underlying data. This type of transparency allows carriers to quickly validate their assumptions while strengthening their internal cyber risk expertise. I’m excited to help Kovrr enable their customers in these important endeavors. Cyber models are indispensable for assessing and quantifying cyber risk and transparency is a major factor for (re)insurer adoption.”

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