NEW YORK, NY, Converge Insurance, pioneers in advanced cyber risk management and underwriting, today announced $15 million in Series A funding from Forgepoint Capital.
Forgepoint Managing Directors Don Dixon and Andrew McClure have joined the company's Board of Directors as part of the financing.
Converge is a modern managing general agent (MGA) that fuses cyber insurance, security and technology to provide businesses with clear and confident cyber protection. By deploying a proprietary data ecosystem underpinned by expert underwriting, Converge provides risk solutions that deliver high-value strategies with improved outcomes. Converge's philosophy is that insurance needs the right elements and personalized approach to mitigate risk. By partnering with its policyholders, Converge precisely formulates their business needs so they can confidently become cyber secure.
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