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24 March 2023Insurance

SME-focused cyber insurer Cowbell expanding in India with new technology hub

San Francisco-based insurtech  Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has established a new technology center in Pune, India with the addition of engineering and data science talent.

The center will serve as Cowbell’s center of innovation, supporting the development of adaptive cyber insurance solutions. It will augment the company’s existing development centers in Pleasanton, California; Plano, Texas; and Toronto, Canada.

Cowbell has appointed Rahul Hatkar as vice president and general manager to lead the India operations. Hatkar has 20 years of experience in software engineering, product development, and strategy in banking, financial services, insurance, connected devices, and AI. He previously held leadership positions, including vice president of engineering at Persistent and general manager at Cerence.

Cowbell said the newly opened India technology center will play a critical role in the effort to address an ever-increasing cyber threat landscape. Cowbell is actively hiring engineering and data science talent in India.

“Cyber incidents continue to plague small and medium-sized enterprises and threaten socio-economic stability. Adaptive cyber insurance programs coupled with precision in underwriting, scale in distribution, and closed loop risk management are paramount to address this evolving threat,” said Hatkar. “India technology center enables us to innovate at an accelerated pace. We look forward to hiring the best engineering, data science, and product talent for our India-based technology center.”

Rajeev Gupta, co-founder, and chief product officer at Cowbell, said: “Expanding our engineering operations to India opens access to an infinite talent pool and a once-in-a-lifetime opportunity for the technologists in the field. With this new technology center, we immediately accelerate delivery to support our profitable growth expansion strategy. Rahul’s proven experience and authentic leadership will provide faster onboarding, career trajectory, mentorship, and an unmatched work experience for new colleagues.”

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