In this episode, RANE co-founder David Lawrence speaks with Michael Millette about the direction of cyber insurance and regulation.

Michael Millette is the founder and Managing Partner of Hudson Structure Capital Management. HSCM manages nearly $4 billion in reinsurance and transport strategies in Bermuda and Connecticut.  The firm manages assets across the property, catastrophe, casualty, life & health, financial lines and distribution & services subsectors.  He also serves on the Boards of Cybercube, Meanwhile, Vault and Gracie Point.

Mr. Millette was at Goldman Sachs from 1994 to 2015 where he served as a Partner, Global Head of Structured Finance, and Co-Head of the Structured Finance Capital Committee. Mr. Millette was one of the founders of Goldman’s reinsurance structured finance and principal businesses. He was a team leader or key team member for over 150 transactions in the sector, including the market’s first 144A catastrophe bond in 1996. He also led teams that developed Goldman’s businesses in Transport Finance, Intellectual Property Finance, Private Placements and Project Finance.  Mr. Millette began his career as an Analyst at Citibank and also previously worked as a Portfolio Manager at John Hancock Financial.

He graduated from Cornell University with a BA in History and also holds a Masters in Finance from Boston College, Carroll Graduate School of Management. Mr. Millette became a CFA in 1994. 

RANE is a global risk intelligence company that delivers risk and security professionals access to critical insights, analysis and support to ensure business continuity and resilience for our clients. For more information about RANE's risk management solutions, visit www.ranenetwork.com.