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Global Insurance Leader Joins Cyberwrite as Group President
NEW YORK, Feb. 20, 2023 /PRNewswire/ -- Cyberwrite, provider of patented 4SEEN® AI-powered cyberinsurance technology and cyberinsurance products, today officially announced the appointment of Hartmut Mai as group president.
Mai brings to Cyberwrite more than 25 years of global insurance leadership experience. She previously held the position of global Chief Underwriting Officer (CUO) and board member of Allianz Global Corporate
"Following our collaboration in 2022, we are excited to have Hartmut join us in full force to lead our insurance operations," said Nir Perry, founder and CEO of Cyberwrite. "Hartmut brings a wealth of experience in insurance underwriting and market management, cyber insurance, digital transformation and innovation. With Hartmut, we will continue to enable the insurance ecosystem to unlock the cyber insurance opportunity using Cyberwrite's proprietary AI technology and helping companies get the coverage they need in real time, increase their awareness of cyber risk, and reduce that risk."
"I am delighted to join Cyberwrite," Mai said. "As cyberattacks, data breaches and other cyber risks become more common and affect businesses around the world, costs are skyrocketing for businesses and insurers. There is a tremendous need across the industry for better fast, data-driven ways to underwrite risk and insure businesses I've known Cyberwrite since 2017, and its unique proprietary AI technology brings unprecedented capabilities to market to reshape the future of cybersecurity and cyberinsurance for greater profitability, resilience and cybersecurity".
Cyberwrite's proprietary 4SEEN® algorithm predicts the risk level and potential economic impact of cyberattacks for any business in real time and on demand. This innovative technology powers Cyberwrite's offerings to bring greater confidence and efficiency to every stage of the cyberinsurance lifecycle. Underwriters using Cyberwrite's risk analysis platform, for example, are provided with recommendations based on data and their underwriting guidelines, regulatory impact analysis, and improvement guidance for each business. Application programming interfaces (APIs) provide all the data in a streamlined way. Insurance agents and brokers take advantage of the platform when selling policies to help their clients better understand their potential risks, what coverage they need, and how to mitigate cyber risks.
About Cyberwrite
Founded in 2017 by cyberinsurance and insurance industry veterans, Cyberwrite's products are used worldwide by leading insurers, reinsurers, agents and brokers to increase cyberinsurance sales and reduce underwriting and risk management costs. . The company's flagship platform, 4SEEN®, monitors more than $8 billion in cyberinsurance risk and has helped insurers and reinsurers analyze cyber risk for more than 600,000 companies. Cyberwrite is a Gartner Cool Vendor, Frost
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