Chief Underwriting Officer
Ari is the CUO of Envelop Risk Analytics and responsible for underwriting and insurance product development.
An Actuary by trade, Ari has found a better home in underwriting and enjoys deal-making. By virtue of his passion to solve complex risk, he has earned a reputation of being the go-to market for Cyber Risk. He has been instrumental to add commercial context to Envelop’s technology and continues to help us strategize our approach to the market.
Previously, Ari was Actuarial Underwriter with Hannover Re (Bermuda) and underwrote Cyber (Re)Insurance a line of business he helped Hannover Re (Bermuda) to develop. He grew the Cyber (Re)Insurance book profitably to more than $40m premium income. He has lead several Cyber reinsurance placements in the US and International market. Beyond Cyber (Re)Insurance, he has underwritten Marine & Energy, Property Catastrophe, Credit and surety, Intellectual Property, and Motor deals. Prior to Hannover Re (Bermuda), Ari has worked with Flagstone Re and GE Insurance Solutions. He has a total of 14 years of insurance experience.
Ari has lead the start-up project “Bernoullian” for MIT Future Commerce course and was voted as one of the finalist out of 200 start-ups. He is a qualified Actuary from Casualty Actuarial Society and had participated in several academic research projects with CAS. He holds a Masters of Statistics from Indian Statistical Institute where he was one of the top 20 statisticians in India.