By Ryan Smith
Cyber insurance provider Cowbell has opened a new technology center in Pune, India.
The new center will join the company’s existing development centers in Pleasanton, Calif., Plano, Texas, and Toronto, Canada.
The new India technology center will bolster Cowbell’s efforts to address the evolving cyber threat landscape, the company said. According to a study by Check Point Research, 2022 saw a 38% increase in cyber attacks globally over the prior year.
The new facility will serve as Cowbell’s center of innovation and support the development of adaptive cyber insurance products.
Cowbell has appointed Rahul Hatkar to lead the India center as vice president and general manager. Hatkar has 20 years of experience in software engineering, product development and strategy in the banking, financial services, insurance, connected devices and AI spaces.
Prior to joining Cowbell, he served in leadership positions including vice president of engineering at Persistent and general manager at Cerence.
“Cyber incidents continue to plague small and medium-sized enterprises and threaten socioeconomic stability,” Hatkar said. “Adaptive cyber insurance programs coupled with in-person underwriting, scale in distribution, and closed-loop risk management are paramount to address this evolving threat. The 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.”
“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,” said Rajeev Gupta, co-founder and chief product officer at Cowbell. “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.”
Cowbell recently added Google Workspace to its risk rating model.
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