Reinsurance News
Converge, a company specialising in cyber risk management and underwriting, has announced the appointment of Howie Altman as Chief Technology Officer.
Altman joins Converge to build on its AI and data capabilities, accelerate the company’s technology roadmap, and scale its proprietary platform to support profitability.
In his new role, he will further expand Converge’s AI and automation capabilities by extending automation across the full insurance lifecycle, enhancing risk and portfolio modelling to sharpen underwriting decisions, and broadening the company’s technology presence in the market.
Altman will oversee the evolution of Converge’s technology infrastructure, including AI-powered risk assessment, automated underwriting workflows, and advanced portfolio management tools. His team will also focus on strengthening the company’s security and vulnerability monitoring capabilities as cyber threats continue to evolve.
He brings more than 25 years of experience building and scaling technology platforms across insurance, financial services, and high-growth technology companies.
Altman is Co-Founder and Partner of both Actualize Partners and Prosophia Advisors. Previously, he served as Chief Strategy Officer at SQD and held Chief Technology Officer roles at several organisations.
“Howie is here to fundamentally change what’s possible in cyber insurance,” said Tom Kang, CEO of Converge. “We’ve made significant technology investments that already set us apart in cyber insurance and now his job is to turn our platform into the standard the industry measures itself against.”
Altman commented, “Converge has already built a rare technology advantage in an industry that talks about innovation more than it delivers.
“The opportunity here is to push that advantage further by automating what should be automated, giving underwriters even better tools and better data, and building a platform strong enough that partners want to run their businesses on it. And to be clear, that’s not a five-year vision, we’re achieving that right now.”
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