Cyber insurance company Measured Analytics and Insurance has announced the appointment of Nick Little (pictured above) as head of insurance.
In his new role, Little will join Measured’s leadership team, driving innovation, efficiency and disciplined underwriting, as well as expanding the distribution of the company’s products. The company currently provides cyber coverage for small and medium companies in the US with revenues up to $500 million.
“Measured continues to attract top talent, adding to the deep expertise we bring as a leader in the cyber market,” said Sarah Knights, senior vice president of operations at Measured Insurance. “At Measured, every team member brings a unique blend of knowledge and experience that collectively allows us to innovate and provide data-driven underwriting within the cyber insurance market. In addition to his extensive underwriting experience, Nick champions our culture of forward-thinking innovations, operational excellence, stewardship and inclusion.”
Little has more than 13 years of experience in the cyber insurance space, working for both carriers and brokers in the US and London markets. Prior to joining Measured, he served as vice president of cyber and technology at CRC Insurance Services. He has also held underwriting roles at At-Bay, Beazley and QBE.
“I have been involved in the cyber insurance market since it began, and I have seen it rise from a ‘nice to have’ to one of the most in-demand coverages,” Little said. “It is evident that traditional models of risk assessment, security mitigation, and distribution do not always work, and therefore, a more measured approach is needed. Measured leverages artificial intelligence and machine learning to analyze risk differently than any other provider in the cyber market. These technologies enable us to provide small and medium-sized businesses in the US with responsible, calculated, and expertly crafted cyber insurance coverages.”
“I am extremely excited to have Nick join Measured,” said Jack Vines, CEO of Measured Insurance. “Nick brings the right balance of industry experience, coupled with the knowledge that the cyber insurance market must innovate faster than the attackers if it is to grow profitably. Innovation, creativity and discipline are paramount, and Nick has all three.”