CEO, Ter­rene Labs

Digital Insurance - - THE INNOVATORS -

Singh is well-at­tuned to the data chal­lenges in­sur­ance or­ga­ni­za­tions face: He spent years as a car­rier CIO at Great Amer­i­can In­sur­ance Group and RLI be­fore mov­ing into the in­surtech sec­tor with his new com­pany, Ter­rene Labs. Ter­rene offers an an­a­lyt­ics prod­uct that al­lows in­sur­ers to un­der­write poli­cies by in­te­grat­ing with third­party data providers us­ing only limited in­for­ma­tion at the point of ap­pli­ca­tion. “Their prod­uct al­lows a prospect to en­ter a very small number of data el­e­ments,” says Kar­lyn Car­na­han, head of the Amer­i­cans for P&C in­sur­ance at an­a­lyst firm Ce­lent. “This not only im­proves the un­der­writ­ing decision, but drives a very stream­lined cus­tomer ex­pe­ri­ence.”

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