Extraordinary Re taps AI expert to help drive future growth

Extraordinary Re, an insurtech company with a trading platform for insurance liabilities, has added a data analytics and artificial intelligence expert to its team of advisors.

Pete Kruskall is the co-founder and CTO of Kensho, an AI company whose market data analytics system gave the financial industry its own Siri-style AI-powered assistant. Kensho was acquired by S&P Global in 2018 for $550 million. Previously, Kruskall was a software engineer at Google and at Kayak.

Extraordinary Re noted that Kruskall will be the first on its advisory board who has been the CTO of an AI firm which successfully built a service for the capital markets.

As an advisor, Kruskall will help the insurtech analyse risks as well as opportunities.

“Pete is a brilliant mind and an innovator par excellence with an extraordinary flair for technology. His advice will be extremely valuable to our company through future phases of growth,” said Extraordinary Re CEO Lee Van Slyke (pictured). “Pete’s experience with Kensho’s clientele, which overlaps with our own customer base of asset managers and asset owners, will enable us to provide even better service to our clients.”

Kruskall commented: “ Extraordinary Re has an impressive set of assets ready to deploy to serve corporate risk managers, asset managers and asset owners, insurance brokers and insurance companies. I look forward to joining the esteemed panel of advisors. I hope to be able to add value and drive success.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.