Windward, a maritime risk analytics start-up, has announced that former Chief Executive Officer (CEO) of BP, Lord Browne of Madingley, has joined the company’s Board of Directors.
Lorde Browne has been advising Windward on strategies to penetrate the London and global marine re/insurance markets since 2016, when he first invested in the company.
Recently, Windward decided to expand Lord Browne’s advisory capacity by inviting him to join the company’s board.
Speaking to Windward employees at the company’s headquarters in Tel Aviv, Lord Browne said: “Windward is a company I have admired for a long time: for its vision; for the way it collaborates with organizations to solve real-world problems; and for using its technology to make the world – and the oceans – safer.
“I look forward to working with Windward to help it succeed in becoming the benchmark for marine risk.”
Ami Daniel, Co-Founder and CEO of Windward, added: “We’re delighted to welcome Lord Browne to our Board of Directors. That a man of his experience and expertise chose Windward is humbling, and a testament to our team’s success in marrying machine-learning with deep, maritime domain expertise. We’re very much looking forward to working with Lord Browne more closely.”
Last month, the United Nations Security Council cited Windward’s technology in its investigation into North Korea’s evasion of sanctions.
Windward applies this same technology to the marine re/insurance market, helping underwriters optimise their portfolios, reduce losses and boost profits.
