Two Sigma Insurance Quantified (TSIQ), a number one underwriting expertise firm for the industrial P&C trade and an affiliated firm of Two Sigma, has appointed David W. Michelson and Edward A. Sweeney, Jr. as strategic advisors.
The two be part of co-founder and co-chairman of Two Sigma David Siegel and TSIQ strategic advisor John “Jay” Nichols, to type an Advisory Council for the corporate.
TSIQ’s Advisory Council brings collectively distinguished specialists from the insurance, monetary providers and expertise industries to offer priceless course and guarantee excessive impression for purchasers.
Michelson is the President of DWM Consulting and former CEO, President and Senior Advisor to National Interstate Insurance Company, the place the corporate was constantly worthwhile and outperformed the market throughout his 24 years in management roles.
Overall, he brings with him a wealth of data and expertise inside the property and casualty insurance trade in direction of this new function.
He has beforehand served as board director and advisor to main firms, together with Protective Insurance and Lytx and he’s presently an Advisor to CompScience, Roadz and High Definition Vehicle Insurance.
Michelson, stated: “I have been impressed with TSIQ’s unique approach. By working directly with CUOs and underwriters the team is able to deliver technology and data-driven insights that drive business outcomes. I look forward to contributing my perspectives to help the products continue to evolve.”
Moreover, Sweeney was most not too long ago an Executive Vice President at Guy Carpenter & Co. LLC the place he was a trusted advisor to world insurance firms for greater than 40 years.
He has beforehand held roles together with Casualty Specialties Leader, Head of Eastern Region and Global Clients Executive Leader. He has in depth data in product, common, skilled and administration legal responsibility traces, in addition to reinsurance threat administration methods.
Sweeney, added: “TSIQ’s technical capabilities and products are unparalleled. What makes this group different is their application of these competencies in a way that eliminates burdensome manual processes and provides leaders with real-time intelligence about their underwriting. I’m excited to help them build on their strategy of partnership with clients.”
“We are thrilled to formalize this Council and welcome Dave and Ed to our team,” commented Brian Modesitt, CEO of Two Sigma Insurance Quantified.
“Dave and Ed bring tremendous expertise as leaders and trusted advisors in the property and casualty insurance industry. Combined with David and Jay, the experience and guidance of the council will accelerate our ability to work with the industry to innovate within underwriting.”
