Converge Insurance

About Converge Insurance

Converge is a cyber insurance platform that combines advanced technology and expert underwriting to provide innovative cyber insurance solutions. Their mission is to redefine cyber insurance by integrating insurance expertise with cutting-edge technology to lower cyber risk and enhance cyber resilience for businesses.

Products & Services

ConvergeElements™ Cyber Insurance Policy:A comprehensive, customizable policy offering protection against a wide range of cyber threats, including data breaches and ransomware, with flexibility for tailored coverage.

Technology Coverage:Covers claims expenses and damages for failures in technology products or services.

Professional Liability Coverage:Coming soon; will cover claims for failures in miscellaneous professional services.

Converge Fusion Report:A proprietary tool for advanced risk assessment, proactively evaluating current and future cyber risks for policyholders.

Comprehensive Platform:Facilitates seamless transactions across Cyber, Connect, Technology, and Media policies and programs.

Specialties

Cyber Insurance Advanced Underwriting AI Tools and Proprietary Data Ecosystem Cyber Risk Assessment Cyber Security Solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series A T: - FT: Series A	A: 15000000 MR: - FA: 15 million FAN: 15000000	D: 2023-08-01 FD: 2023-08-01	1 investors

Series A Latest

2023-08-01

$15.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

T

Tom Kang

Chief Executive Officer

D

David Kimmel

Chief Financial Officer

R

Ryan Mimmo

Head of Underwriting

R

Ryan Lecha

Head of Engineering

P

Pam Townley

Head of Insurance Product

M

Michelle Lopilato

Head of Partnerships

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