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5 April 2024news

Cowbell promotes pair of executives

Cyber insurer Cowbell has announced two executive promotions: Sahar Sabouni, head of employee success, is now Cowbell’s chief people officer, and Dan Palardy, lead actuary, has been promoted to chief actuary. 

The company said in a statement that it is proud to have Sabouni and Palardy continue their leadership journey and grateful for their continued contributions to the company’s success. These promotions recognise their outstanding work and dedication to the organisation, Cowbell said.

Sabouni joined Cowbell in May 2021 and built the company’s people operations, talent acquisition and learning & development infrastructure from the ground up. She’s responsible for creating a people-first culture, focused around the organisation’s TRUE (Transparency, Resiliency, Urgency & Empowerment) values, growth & development, and benefits & wellness programs.

Prior to joining Cowbell, she held positions at Nexxiot as vice president of people & business operations, and multinational public companies including Mondelez International, where she spearheaded projects such as establishing HR Shared Service Operations, setting up HR infrastructure for spin-off entities, leading transformation project that drove multi-million-dollar cost-savings and orchestrating week-long flagship events for top leaders and talents. 

Palardy started at Cowbell in January 2022, where he brought 13 years of actuarial and underwriting experience to the company. During his time as lead actuary, he was the head of the actuarial and catastrophe modelling team. His work at Cowbell has resulted in other industry accolades such as being a finalist for the Program Manager Rising Star of the Year 2023 and a frequent industry speaker and commentator in the areas of cyber insurance and cyber actuarial models.

Before Cowbell, he worked at Axis Capital, where he specialised in cyber and professional lines reinsurance pricing, as senior pricing actuary.

“Dan and Sahar’s promotions reflect Cowbell’s commitment to promoting talent from within the company,” said Cowbell co-founder and chief executive Jack Kudale in a blog post. “They are both exemplary employees whose contributions in their respective roles are not only impressive but critical to the organisation’s success.”

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