Appointment Underscores DataCubes’ Commitment to Solving Key Risk Analysis Pain Points
CHICAGO (September 16, 2019) - DataCubes, a leading decision automation platform for commercial P&C underwriting, announced today that former Maiden Re Chief Data Scientist, Dr. John Henry has joined the company as Chief Analytics Officer (CAO). The appointment reflects the company’s emphasis on using AI for decision automation, the evolving needs of risk analysis and the maturation of the commercial underwriting market. In this newly created role, Henry will continue to advance DataCubes’ AI strategy and will be responsible for integrating these capabilities into DataCubes’ product roadmap.
“As the commercial insurance industry continues to digitize and move toward automating not only the collection of information, but the entire underwriting decision making process, the key accelerators of our future growth lie in accelerating our ability to turn data into decisions,” said Harish Neelamana, co-founder and President at DataCubes. “We are going to continue to eliminate a great deal of friction from the commercial underwriting process and John is going to be paramount as we execute on our commitment to offering carriers the kind of agility and decisioning power that elevates their ability to serve their markets.”
Prior to joining DataCubes, Henry was Chief Data Science Officer at Maiden Re. Before Maiden Re, he gained nearly 20 years of industry experience working at AIG, Oregon Mutual Insurance and Liberty Northwest in various roles including manager of quantitative analytics, predictive modeler and assistant actuarial analyst. Henry is also a mathematics professor with teaching experience at New York University, Oregon State University and NC State University. Henry holds a PhD in statistics from Oregon State University and a master's degree in statistics. Henry has published work in top journals on statistical theory and actuarial science and is a frequent speaker at academic and industry conferences.
“It has become increasingly necessary for insurance companies to adopt more sophisticated analytics and technologies and Datacubes is giving its customers a real competitive advantage in this area,” said John Henry, CAO at DataCubes. “I'm excited to be joining such a talented team and to capture the massive opportunity in front of us.”
Henry’s appointment comes during a highly successful year for DataCubes. The company continues to accelerate its momentum and is seeing rapid market traction with a long line of insurers that have adopted its platform. Over 30 national and regional carriers as well as MGAs including The Hanover, Selective Insurance, RLI, Columbia Insurance Group, Penn National Insurance, Tangram, WCF Insurance and Synergy Coverage Solutions trust DataCubes’ actionable intelligence to improve underwriting accuracy, productivity and profitability.
Since launching in 2016, DataCubes has been helping carriers transform the underwriting process. With its advanced machine learning models, its d3 Underwriting™ platform analyzes and interprets submission documents as well as over four billion data points to build robust business profiles that help carriers automate intelligence gathering, discover important underwriting insights and make better underwriting decisions in near real-time.
Headquartered in Schaumburg, Illinois, and founded in 2016 by Kuldeep Malik and Harish Neelamana, DataCubes is the first decision automation platform for commercial P&C underwriting. The company has revolutionized the commercial underwriting process with cutting-edge AI and data science. Commercial carriers of all sizes use DataCubes to make real-time underwriting decisions based on rich data and highly-accurate intelligence gathered by external sources to improve productivity, profitability, efficiency and accuracy. To learn more, visit www.datacubes.com.