Cowbell Strengthens Leadership with New Appointments in North America

Cowbell Strengthens Leadership with New Appointments

Cowbell has recently made headlines with the announcement of two key strategic appointments aimed at boosting its presence in the mid-market insurance sector. These additions not only strengthen Cowbell's operational capabilities but also enhance its focus on improving claims processes, which is critical as the cyber insurance landscape continues to evolve.

New Leaders Join the Cowbell Team

Jessica Klipphahn

Jessica Klipphahn has been appointed as the Head of North America Mid-Market. With over 15 years of experience in the insurance industry, Klipphahn comes to Cowbell from WTW, where she served as the North America Middle Market Cyber Leader. Her extensive background spans managing multi-million-dollar insurance portfolios across several industries, including healthcare, life sciences, and manufacturing. This expertise positions her to drive Cowbell’s mid-market expansion effectively.

Cowbell’s Senior Vice President Simon Hughes expressed enthusiasm for Klipphahn's appointment, emphasizing the middle market’s substantial growth potential in the cyber insurance sector. Hughes stated, "Jessica's experience in creating successful programs across diverse fields will be invaluable as we strive to meet the complex needs of mid-market clients."

Stephanie Hewerdine

Joining Klipphahn is Stephanie Hewerdine, who will assume the role of Director of Claims. With a robust 25-year career in the insurance industry, Hewerdine is known for her comprehensive litigation and advisory expertise, making her an excellent fit for enhancing Cowbell's claims process. Most recently, she served as Claims Counsel at Coalition, where she developed a deep understanding of cyber claims management.

In her new position, Hewerdine will focus on supporting U.S. claims while collaborating with internal teams and regulatory bodies to deliver exceptional customer service. Mamta Birla, Cowbell’s SVP and Head of Global Claims, noted Hewerdine's prior experience with Cowbell accounts, highlighting her familiarity with the company’s commitment to innovation and client service.

Cowbell’s Unique Approach to Cyber Insurance

Cowbell has made its mark as a pioneer in Adaptive Cyber Insurance, particularly for the digital age. As the first provider to offer a unified platform for Cyber, Tech Errors & Omissions (EO), and Management Liability, Cowbell has streamlined the insurance purchasing process. Their AI-driven platform allows for policy issuance in as little as five minutes, a significant advancement in the field.

The company serves businesses generating up to $1 billion in annual revenue, operating not only across all 50 U.S. states but also in the District of Columbia and the United Kingdom. Backed by over 25 leading global (re)insurance partners, Cowbell offers a wide range of commercial and specialty coverages, including policyholders’ access to Digital Forensics and Incident Response services through its Cowbell Resiliency Services (CRS).

Conclusion

With Klipphahn and Hewerdine at the helm of critical growth areas, Cowbell is well-positioned to capitalize on the increasing demand for cyber insurance solutions in the mid-market. Their appointments are not merely strategic; they signal Cowbell's dedication to continuous improvement and exceptional service in a rapidly changing industry. Cowbell’s commitment to redefining risk transfer in the digital age is stronger than ever, capturing the attention of industry stakeholders and clients alike.