Hetul Patel, Former Chief Actuary at Asia Capital Re and XL Catlin, Joins Kovrr Advisory Board

Hetul Patel, Former Chief Actuary at Asia Capital Re and XL Catlin, joins Kovrr advisory board. Hetul brings extensive expertise in the reinsurance market and will be an essential asset for advancing Kovrr's reinsurance solutions and data driven cyber risk insights to their reinsurance clients.

Hetul is Director for non-life consulting at Actuaries OnTap. He has extensive knowledge of the reinsurance industry gained through his 20 years' experience working as an actuary and executive in the global reinsurance industry. His experience includes traditional actuarial areas such as pricing, reserving and capital management, as well as underwriting and financial planning. At both ACR and XL Catlin, he worked with all core functions giving advice that was both insightful and added value. He shaped and executed corporate strategy, implemented transformation projects and negotiated M&A deals. Hetul is also a fellow of the Institute of Actuaries and holds a BSc in Mathematics and Statistics.

"I've had the pleasure of working with Kovrr's product hands on during my time at Asia Capital Re and have personally seen the strong added value of Kovrr's cyber risk quantification platform and the support their team provides," said Hetul Patel. "The product's innovative extended views of risk, such as analyzing cyber risk aggregation using CRA-Zones and the ability to rollup reinsurance portfolios was a great asset in modeling cyber risk."

"Kovrr's promise to its clients and partners is to keep bringing top-notch industry experts to the team to make the product experience, features, functionalities, and service reach the highest standard for market needs," said Yakir Golan, CEO of Kovrr. "In the past couple of years while working with Kovrr, Hetul has demonstrated his unique reinsurance experience which helped in shaping Kovrr's reinsurance cyber risk modeling set of solutions."