Press release

David Clouston, former Head of Catastrophe Risk at Lloyd’s of London, Joins Kovrr

0
Sponsored by Businesswire

Kovrr is very pleased to announce that David
Clouston
is joining Kovrr’s Advisory Board.

David recently served for six and half years at Lloyd’s of London from
2011, first as Deputy Head and later as Interim Head of Catastrophe
Risk. He is now advising multiple global firms on their exposure
management processes and specifically on their cyber strategy.

His previous roles have included underwriter, broker, reinsurance buyer,
IT systems, and run-off management. He has lived and worked in London,
the USA, Singapore, Australia, and India.

David has authored, co-authored and edited numerous industry
publications on managing catastrophe risk. He was the principal author
of Lloyd’s Minimum Standards for Exposure-Management in 2015, and
Lloyd’s Cyber Insurance strategy in 2016/17.

He is also a regular speaker internationally on modelling extreme
events, most recently chairing the 6th Annual CAT Risk Management &
Modelling Europe conference in London in March 2019.

“We’re honoured to have David join Kovrr’s Advisory Board. David has a
decades-long track record of pioneering new approaches to managing risk,
including at Lloyd’s of London. As an industry leader, David’s immense
experience and knowledge will be instrumental as we continue to grow,
onboard new clients and further develop our platform” – Yakir Golan,
Founder & CEO, Kovrr.

“Managing cyber catastrophe risk is key to developing a healthy, growing
market for cyber insurance products. At present, the global insurance
industry’s cyber capacity is severely constrained by lack of
understanding in this area. The Kovrr team are developing a view of
cyber catastrophe risk that is comprehensive, coherent and communicable.
It is directly relevant to the challenges faced by our industry. I’m
looking forward to joining them on this journey.” – David Clouston.

About Kovrr

Kovrr’s predictive risk modeling platform delivers global (re)Insurers
transparent, real-time data-driven insights into their affirmative and
non-affirmative single, portfolio & catastrophic cyber risk exposures.

The Kovrr platform was designed to help underwriters, exposure managers
and catastrophe modelers understand, quantify and manage cyber risk at
scale by utilizing AI-powered predictive risk models that evolve in
real-time to continuously reflect the dynamic cyber risk landscape.

For interview requests please contact: tom@kovrr.com

More information is available at: www.kovrr.com