Descartes Underwriting, the parametric insurance coverage and data-driven danger switch specialist managing common company (MGA) and insurer, has introduced a re-organisation of a few of its high government workforce, because it units out a platform for accelerated development.
The information-driven parametric insurance coverage and danger switch specialist has additionally added new workplaces in america, to broaden its presence in that key market, and is planning an bold hiring spree to take it from greater than 200 workers to over 300 inside a 12 months.
The corporate has been rising steadily and now goals to speed up that, having recently said it would expand its offering of parametric insurance and data-driven risk transfer solutions beyond natural catastrophe, weather and climate risks.
Key to any development firm within the insurance coverage and reinsurance house is a powerful management workforce and construction.
To that finish, Descartes Underwriting is setting out a construction to assist development and a increasing workforce.
Tanguy Touffut, Co-founder and Chief Govt Officer, will proceed to be liable for the general administration of vital capabilities (operations, finance, technique, human assets, and advertising and marketing & communications), and can give attention to the drivers of future development for the parametric specialist.
Sébastien Piguet, Co-founder and former Chief Underwriting Officer, has now been named Chief Insurance coverage Officer of Descartes Underwriting.
In that function, Piquet will oversee the enterprise growth and underwriting groups, with a remit to speed up the worthwhile development of the parametric portfolio
As a part of this, Piguet will go away his place as CEO of Descartes Insurance coverage, the group’s insurance coverage firm.
Kevin Dedieu, Co-founder and former Chief R&D Officer, has been named Chief Scientific Officer of Descartes Underwriting, taking duty for all expertise capabilities.
He will likely be charged with accelerating the implementation of extra synthetic intelligence (AI) performance in areas resembling local weather evaluation and danger evaluation.
On high of this, Dedieu will grow to be Chief Govt Officer of Descartes Insurance coverage, topic to regulatory affirmation.
Violaine Raybaud will stay as Chief Working Officer of Descartes Underwriting, but in addition tackle the function of Deputy CEO of Descartes Insurance coverage, topic to regulatory approval.
Daniel Vetter, Descartes’ present Head of North America, will grow to be the Head of the Americas, to moreover oversee operations in Latin America for the corporate.
The restructured management workforce will likely be supported by plenty of new Heads of Departments.
Marie Chabal Filleteau is known as Chief Folks Officer, efficient August twenty sixth 2024, following 4 years at Doctolib and greater than 10 at consultancy BCG.
Eric Allombert has been appointed interim Chief Advertising and marketing & Communication Officer and brings 4 years expertise as Advertising and marketing and Gross sales Director at AXA Companions, and 5 years at Wakam.
Matthew James is appointed Commercial Director, UK & Ireland, a previously announced move.
Louis Bollaert, the previous Chief Income Officer is about to go away Descartes to take up a administration place within the insurance coverage broking sector.
Descartes has additionally launched new workplaces in Scottsdale, Arizona and Richmond, Virginia, to strengthen its US proposition.
This provides to a bodily presence in LA and New York, plus Charlotte NC, Chicago IL, Denver CO, and Little Rock AK, bringing Descartes’ world footprint to 16 workplaces world-wide, together with Europe, Asia, and Oceania.
Tanguy Touffut, co-founder and CEO of Descartes, commented, “Strengthening our presence in america is important for the event of our Group and for consolidating our place because the world chief in parametric insurance coverage. It is going to allow us to reply extra successfully to the native wants of our dealer companions, who’re confronted with an rising frequency of climatic and rising dangers.”
