Global insurance broker and fintech financial services provider Acrisure has appointed Matthew Marolda as its first Chief Innovation Officer.
He will be focusing on business and growth opportunities aligned with Acrisure’s artificial intelligence (AI), data and technology platform.
Marolda has spent his career using data and analytics to drive strategic, marketing and creative decisions in high-profile arenas, serving as the Chief Analytics Officer of Legendary Entertainment and as a member of the executive leadership team at Tulco Holdings, as well as President of WarnerMedia’s Applied Analytics division.
This appointment comes after Acrisure announced a $3.4 billion capital raise, implying an enterprise value of $17.5 billion and validating Acrisure’s deep investment in AI.
Greg Williams, Co-Founder, President and CEO of Acrisure said: “Given recent investments in our AI platform and the creation of the Acrisure Technology Group, we will benefit from a leader dedicated to connecting innovation, business opportunity and our tech-enabled strategy.
“Each day we are making strides in the way we use and deploy AI, machine learning and robotic processing to unlock growth, enhance client relationships and drive efficiencies. Matt’s deep expertise in these areas will help us execute on new opportunities and champion innovation in every facet of the company.”
Marolda added: “Acrisure is built to do many things, Greg’s vision and the market’s recent affirmations have demonstrated as much. In my new role, I will help pursue avenues best primed to leverage our data and AI-driven advancements to accelerate growth.
“By adding this position, Acrisure is further signalling its readiness to grow in both the present and future, and I welcome the opportunity to help accelerate and broaden that growth.”