– USA, CA – At-Bay, the cyber insurance provider for the digital age, today announced the appointment of Scott Carmilani and David Lockton to its Board of Directors, bringing together nearly six decades of experience the board with a strong track record of innovation and insurance expertise.
“At-Bay is committed to building the next generation of specialty insurance, with deep expertise in insurance and modern risk management. We are incredibly excited to have Scott and Dave join us during our next phase of growth. Their experience building and running hugely successful businesses within the industry will be invaluable to our management team and continued success,” said CEO and co-founder, Rotem Iram.
About Scott Carmilani
Scott Carmilani currently serves as executive chairman of Vault Insurance Services. The former chairman and CEO of Allied World Assurance Company Holdings, he spent 20 years building the company from a small Bermuda operation into a worldwide reinsurance operation which was acquired by Fairfax in 2017. Before this, Scott Carmilani held numerous executive positions at AIG, including as the president and VP of two major insurance divisions.
“At-Bay is on track to become a dominant figure and leader within the insurance industry,” said Scott Carmilani. “They have consistently proven that with the right approach, cyber risk is insurable and can be a very lucrative line of insurance. I look forward to helping them unlock their full potential and become a powerhouse provider for cyber and other specialty lines.”
About David Lockton
David Lockton recently stepped down as Executive Chairman at Lockton Companies after serving for nearly three decades as President, CEO, and then Chairman. He remains with Lockton as its Lead Director. For nearly four decades, he led the firm’s strategic vision and grew the company into the world’s largest privately owned brokerage. A highly sought-after thought leader within the industry, David Lockton is known for his transformational leadership and fostering a strong culture of entrepreneurship and commitment to service excellence.
“At-Bay offers a great tech-enabled approach to a hugely underserved business sector,” said David Lockton. “The leadership team has an impressive sense of purpose and business ethic, which I believe will set them up for success with managing this highly dynamic class of risk.”
About At-Bay
At-Bay is the cyber insurance provider for the digital age. By combining world-class technology with industry-leading insurance expertise, At-Bay was designed from the ground up to empower businesses to thrive in the digital world. At-Bay is backed by Acrew Capital, Glilot Capital, the HSB fund of Munich Re Ventures, Icon Ventures, ION Crossover Partners, Khosla Ventures, and Lightspeed Venture Partners, M12, entrepreneur Shlomo Kramer, and Qumra Capital.
For more information: https://www.at-bay.com/
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