Cowbell, a number one supplier of cyber insurance coverage for small and medium-sized enterprises (SMEs) has introduced the opening of a brand new expertise middle in Pune, India.

The new middle will increase the agency’s present growth facilities in Pleasanton, California; Plano, Texas; and Toronto, Canada. At the identical time, it can additionally drive additional world footprint for the corporate too.

Cowbell additionally introduced that it has appointed Rahul Hatkar as Vice President and General Manager to steer the India operations.

An skilled veteran inside the trade, Hatkar has 20 years of expertise in software program engineering, product growth, and technique in banking, monetary providers, insurance coverage, related units, and AI.

Throughout his profession, he has served in varied management positions, together with VP of Engineering at Persistent and General Manager at Cerence.

“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,” stated Hatkar.

“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.”

The newly opened India expertise middle will play an essential position within the effort to handle an ever-increasing cyber menace panorama. According to Check Point Research, the quantity of cyber incidents continues to drastically enhance, as in comparison with 2021, in 2022 there was a 38% enhance in world assaults.

Further, by way of the opening of this new expertise middle, Cowbell is additional addressing its mission in closing the insurability gaps for SMEs.

“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,” commented 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 launched Cowbell 365, an around-the-clock service that gives policyholders help for threat enchancment and incident response.