Sontiq announced the addition of Matt Cullina in the key role of head of global insurance business. Cullina joins the company from Cyberscout, a leader of cyber products and services for the insurance market which was acquired by Sontiq earlier this year.
Cullina steps into the position at a time when cyber insurance is taking on new importance. In the face of upward-trending cyber attacks that were accelerated by the pandemic, cyber insurance and services are expected to face rapidly growing demand, particularly in emerging markets such as small business and personal cyber coverage.
Prior to serving as managing director of global markets at Cyberscout, Cullina was CEO of the company from 2008 to 2018. Under his leadership, Cyberscout expanded from a single product business serving a U.S. domestic market to a leading provider of personal and commercial cyber solutions to the international insurance industry.
With the Cyberscout acquisition, Sontiq deepened its ecosystem of intelligent identity security solutions to include cyber insurance. As part of the executive leadership team, Cullina will advance Sontiq’s strategy to continuously add new products and expertise, and drive global growth and strengthen strategic partnerships throughout the international insurance market.
“Matt has the distinctive expertise and a proven track record of success within the insurance industry,” said Brian J. Longe, President and CEO of Sontiq. “He has strong relationships within the insurance market, through his tenacity in delivering relevant, meaningful cyber solutions that help providers and reinsurers grow.
“He knows the challenges both providers and reinsurers face and is continually working with Sontiq’s cyber team to develop and deliver innovative, relevant solutions to customers.”
Prior to his time at Cyberscout, Cullina held complex claims management roles at Travelers and Allianz. Before that, he was director of product development at MetLife.
Cullina is an in-demand speaker and thought leader on cyber risk and insurance. He chaired the Board of Identity Theft Resource Center (ITRC) for six years, one of several boards he’s served on. Cullina graduated cum laude from Salve Regina University in Newport, R.I. with a major in politics.
“Sontiq has exactly the vision and scale to deliver in-demand cyber solutions to the global insurance marketplace,” said Cullina. “I’m excited to join the team during a massive growth period and look forward to supporting and scaling our insurance partnerships, helping more providers and reinsurers grow their businesses.”