Corvus Insurance, the specialty MGA, has announced the appointment of Paul Gaspar as Chief Data Officer, effective immediately.
In this role, Gaspar will lead Corvus’s data infrastructure evolution and innovation. He is charged with scaling Corvus’s core data streams and identifying new sources of information to build upon the company’s core value to brokers, policyholders, and risk capital partners.
Gaspar has over 25 years of advanced analytics experience, having managed data science and analytics teams across industries. He previously served as Senior Vice President of Analytics, Insights, and Planning at Wells Fargo where he led the function for the bank’s Consumer and Small Business Banking Operations group.
The addition of a Chief Data Officer to Corvus’s executive team comes as the company continues to invest in its approach to leverage data in underwriting and risk management.
Gaspar said: “From its inception, Corvus has used data and technology as a key differentiator in the insurance industry. I’ve seen data go underutilised – even in the technology industry – and I’m excited to join a team where we can expand the horizons for data sources and continue to innovate to create even greater value for our brokers, policyholders, and risk capital partners.”
Prior to his position at Wells Fargo, Gaspar founded and ran the Data Science practice of AIG in Asia.
Phil Edmunson, Founder and CEO of Corvus Insurance, said: “As Corvus focuses on building the most robust data- and technology-based InsurTech offerings, Paul is a welcome addition to our growing team.”
“Paul’s advanced analytics experience will be crucial as Corvus continues to lead with data — using novel insights to help curb systemic risk — and further our mission to make the world a safer place.”