SiriusPoint’s loss is Cowbell’s gain: CFO attracted by ‘adaptive’ cyber insurance

Cowbell, a provider of artificial intelligence-powered cyber insurance to small and medium enterprises (SMEs), has appointed its first chief financial officer from  SiriusPoint.

SiriusPoint’s CFO  David Junius has left the Bermudian carrier to join Cowbell.

Junius (Pictured) enters his new role with over 25 years of industry experience, having most recently served as the chief financial officer for SiriusPoint. He previously acted as chief operating officer at Third Point Reinsurance and chief finance officer for the International division of the General Insurance segment at American International Group (AIG). At AIG, he also served as its corporate treasurer, head of capital strategy and CFO for the Asia Pacific division of AIG's property and casualty segment based in Tokyo.

The appointment of Junius follows the launch of Cowbell’s Adaptive Cyber Insurance offering, where policies continuously evolve to remain aligned with the policyholder's cyber exposures to avoid coverage gaps and bring full transparency into renewal terms throughout the policy period. The insurtech also raised $100 million Series B capital in March.

Jack Kudale, founder and CEO at Cowbell, said: "I am looking forward to David joining the team. In today's dynamic market, David's vast experience in capital planning and regulatory reporting, paired with his long and tenured background in the (re)insurance market, brings the insight we need to better serve our policyholders with adaptive insurance. We are thrilled to welcome him to the Cowbell team."

Junius commented: "I am excited to join Cowbell during this pivotal time for the company. Cowbell is leading the market in the rapidly-growing cyber insurance category and serving customers in new ways with the advent of Cowbell's Adaptive Cyber Insurance. I look forward to using my knowledge of the capital markets to help the company improve operations and profitability."

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