Ep. 20 - Redefining Cyber Insurance With Innovative Technology Partners and Underwriting Methodologies - with Anthony Dagostino

Cyber Insurance Leaders

Anthony Dagostino's multifarious career as a broker, VC and underwriter has poises him a true expert in the realm of cyber insurance.
In this episode, he talks about how this experience helped him to grow Converge, a US-based MGA that combines the best of underwriting fundamentals, technology, and cybersecurity data to offer innovative coverage in different areas of cyber insurance.
You’ll learn:
1. Why external scan data is a vital addition to any underwriters toolbox
2. How Converge uses its adversary-focused underwriting methodology
3. How underwriters can use risk quantification to inform limits
4. Identifying the data that matters for small insurance companies
5. The most important metrics for young insurance companies
About Anthony Dagostino:
Anthony Dagostino is considered one of the earliest pioneers in cyber and technology insurance. Anthony has held an array of leadership positions over the past 20 years spanning underwriting, brokerage, and risk consulting. Prior to founding and leading Converge, a next generation cyber and technology insurance provider, Anthony led Lockton’s Global Cyber & Technology Practice focusing on large client advisory and implementing a global brokerage, consulting, and analytics strategy. Previously, Anthony led Willis Towers Watson’s global cyber brokerage division and created what is currently the Cyber Risk Solutions consulting practice, focusing on risk advisory, platform development for assessments and risk quantification, and reinsurance company consulting. His clients have included some of the largest banks, retail, healthcare, manufacturing, and technology companies in the world. In addition, Anthony has a long tenure in cyber, technology, and financial lines underwriting at Chubb and The Hartford where he held an array of leadership positions across product management, MGA development and administration, alternative risk transfer products, and field underwriting operations for nearly 15 years. Anthony is a regular contributor to broadcast and print media, serves on numerous advisory boards for early-stage companies, and is active with various non-profit organizations.
Find Anthony on LinkedIn: https://www.linkedin.com/in/anthonyvdagostino/
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About Converge:
Converge fuses cyber insurance, security, and technology to provide businesses with complete cyber protection. Deploying a proprietary data ecosystem underpinned by expert underwriting, they provide insurance brokers and policyholders risk solutions that deliver improved outcomes at competitive rates. They believe that insurance needs the right elements and personalized approach to mitigate risk. By partnering with their policyholders, they precisely formulate what their business needs so they can become confidently cyber secure. Converge is headquartered in New York and backed by venture firm Forgepoint Capital. Learn more at convergeins.com.
Website: http://www.convergeins.com
Industry: Cyber Security, Insurance, InsurTech, Risk Management
Company size: 15
Headquarters: New York, United States
Founded: 2021
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About the host Anthony:
Anthony is passionate about cyber insurance. He is the CEO of Asceris, a company that enables its clients to respond to cyber incidents quickly and effectively. Anthony is originally from the US but now lives in Europe with his wife and two children.
Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: [e-mail]
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This podcast is produced by our friends at SAWOO