PriyaPatel
TLDR:
- Ken Riegler appointed as President of At-Bay, an insurtech unicorn
- At-Bay recorded gross insurance premiums of $301 million in 2023 and over $110 million in net revenue
At-Bay, a leading insurtech company, recently appointed Ken Riegler as President of At-Bay Insurance. Riegler brings over 25 years of experience in the industry, having previously served in leadership roles at AIG and XL Catlin. The company saw significant growth in 2023, recording gross insurance premiums of $301 million and continued success in 2024 due to increased demand for cyber insurance.
Key Elements of the Article:
At-Bay, an insurtech unicorn, appointed Ken Riegler as President of At-Bay Insurance. Riegler has extensive experience in commercial underwriting and alternative risk management, having worked at AIG and XL Catlin.
In 2023, At-Bay recorded gross insurance premiums of $301 million, marking a 20% increase from the previous year. The company also surpassed $110 million in net revenue. The growth trend has continued in 2024, driven by the rising demand for cyber insurance solutions.
Riegler expressed his excitement to join At-Bay and contribute to its growth and success. He highlighted the company’s use of cutting-edge AI and machine learning technology to deliver innovative cybersecurity solutions to brokers and businesses.
