7 February 2017Insurance

AIG-Hamilton-Two Sigma SME joint venture Attune appoints CEO

Attune, a technology-enabled company established by AIG, Hamilton Insurance and Two Sigma in September 2016, has appointed James Hobson as chief executive officer (CEO).

Currently the chief operating officer (COO) of OnDeck, a business loans company, Hobson will step down from his role on March 15, and assume the position of CEO at Attune.

In his new role, Hobson will lead Attune's business with the responsibility to streamline risk submission and insurance underwriting process, using data science and advanced technology, to meet the needs of small businesses in the US.

Brian Duperreault, chairman of Attune, said: "If it’s possible to describe an appointment as a perfect fit, then James and Attune meet that description. His deep experience with using technology to enable the growth of small businesses aligns with our objective of making it easier for companies in that segment to get the protection they need to succeed. I look forward to working with James to make Attune’s significant potential a reality."

Hobson added: "I am honoured to join the Attune team. When three companies of the caliber of AIG, Hamilton and Two Sigma come together, you pay attention. Attune has already transformed how a small business owner’s policy is issued, and I am excited to build upon this early success.

"I am humbled by the faith the Attune board has in me and am looking forward to working with Attune team, Brian and the other members of the Board, and our partners, to transform the way small businesses access the insurance they need to protect and grow their operations."

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