5 October 2020Insurance

AI insurtech CLARA bolsters board with ex-XL Group and EY executives

CLARA Analytics, an artificial intelligence (AI) and data science company focused on the commercial insurance industry, has bolstered its board of directors with the addition of two insurance industry veterans.

Andrew Pinkes has over 29 years of experience in the global insurance industry, particularly in property and casualty and specialty lines. He has held positions at CNA and XL Group and spent more than a decade each at The Hartford and Travelers.

Dave Hollander has more than 30 years of industry experience. As principal and global insurance practice leader of the financial services office at EY, he managed the firm's insurance sector advisory services, developing strategic solutions and helping enable account teams around the world. Previously, he was CEO of UniRisX, a SaaS-based product and policy administration solution servicing over 50 lines of business in more than 20 countries.

The company said these additions are in response to accelerated demand for its products over the past year, advancing its goal of transforming the commercial insurance industry with AI.

"Andrew and Dave are two of the sharpest minds in the P&C space, and I'm thrilled to welcome them to our board. Their combined experience and knowledge will help CLARA accelerate its mission of transforming the P&C claims space through AI-powered applications," said Gary Hagmueller, CEO of CLARA.

Pinkes commented: "CLARA's use of AI provides distinctive customer-centric capability and delivers measurable outcomes and results. CLARA is leading the way with advanced capabilities and improving outcomes."

Hollander added: "I know from direct observation that there is a correlation between innovation and market influence. That's why I'm confident about CLARA's continued leadership and why I look forward to lending my skills and expertise to the board in order to continue this growth and make an even greater impact."

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