Converge, a company specializing in cyber risk management and underwriting, announced the appointment of Howie Altman as chief technology officer.
Altman joins Converge to enhance its artificial intelligence and data capabilities, accelerate the company’s technology roadmap, and expand its proprietary platform to support profitability.
In his new role, he will further expand Converge’s artificial intelligence and automation capabilities, extending automation across the entire insurance lifecycle, enhancing risk and portfolio modeling to improve underwriting decisions, and expanding the company’s technology presence in the market.
Altman will oversee the development of Converge’s technology infrastructure, including artificial intelligence-driven 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 has more than 25 years of experience building and scaling technology platforms at insurance, financial services and high-growth technology companies.
Altman is co-founder and partner of Actualize Partners and Prosophia Advisors. Previously, he served as chief strategy officer at SQD and served as chief technology officer at multiple organizations.
“Howie is here to fundamentally change what is possible in cyber insurance,” said Tom Kang, CEO of Converge. “We’ve made significant technology investments that have differentiated us in the cyber insurance space, and now it’s his job to transform our platform into the standard by which the industry measures itself.”
Altman commented: “Converge has established a rare technology advantage in an industry that talks more about innovation than delivery.
“The opportunity here is to drive that advantage even further by automating things that should be automated, giving underwriters better tools and better data, and building a platform that’s robust enough that partners want to do business on it. To be clear, this is not a five-year vision, we’re getting there now.”