With a combined total of almost 30 years in the insurance industry at companies like AIG, Marsh, and Allianz, Hartmut Mai, current Group President at Cyberwrite, has a wealth of knowledge to share. In this episode, he talks about the demand placed on capital and people as market growth accelerates, the state of cyber modeling today and in the future, and the role technology will play in underwriting as the insurance industry evolves. You'll learn: 1. The importance of reality-checking in modeling risk scenarios 2. How technology and automation can bring structure and standardization to underwriting 3. Why insurance companies were slow to react to the rise of ransomware 4. Why there's a need for more risk modeling in the cyber insurance industry 5. How can technology be used to address third-party BI risk? __________ About Hartmut: Hartmut has over 25 years of experience in global leadership roles in the insurance industry. Before he joined Cyberwrite, he served as the Global Chief Underwriter and Deputy Chief Executive Officer Board at Allianz, as well as Chief Regions and Markets Officer. Prior to that, he had leadership underwriting roles at Marsh and AIG. Hartmut brings to Cyberwrite unparalleled experience and advises the senior management team. Find Hartmut on LinkedIn: https://www.linkedin.com/in/hartmut-mai-a4386b3b/ __________ About Cyberwrite: Founded in 2017 by cyber and insurance industry veterans, Cyberwrite’s products are used globally by leading insurers, reinsurers, agents, and brokers to grow cyber insurance sales, reduce loss ratios, and decrease underwriting and risk management costs. Website: https://www.cyberwrite.com Industry: Software Development Company size: 11-50 employees Headquarters: New York Founded: 2017 __________ About the host, Anthony: Anthony is passionate about cyber insurance. He is the CEO of Asceris, a company that enables its clients to respond to cyber incidents quickly and effectively. Anthony is originally from the US but now lives in Europe with his wife and two children. Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: [email protected] ___________ This podcast is produced by our friends at SAWOO.