Corvus lands former AIG, Wells Fargo data & tech expert as first CDO
Cyber managing general underwriter Corvus Insurance, a provider of smart commercial insurance products powered by AI-driven risk data, has brought in a 25-year data analytics specialist, formerly of AIG and Wells Fargo, as its first chief data officer.
In his new role, Paul Gaspar (pictured) will lead the data infrastructure evolution and innovation of Corvus. He is charged with scaling the company’s core data streams and identifying new sources of information to build upon its core value to brokers, policyholders, and risk capital partners.
Gaspar brings over 25 years of advanced analytics experience to Corvus, having managed data science and analytics teams across industries. He previously served as senior vice president of analytics, insights, and planning at Wells Fargo where he led the function for the bank's consumer and small business banking operations group. Prior to his position at Wells Fargo, Gaspar founded and ran the data science practice of AIG in Asia.
In these prior roles, Gaspar led teams of technologists, analysts, and data scientists to use data solutions to drive efficiency while enhancing customer experience. He leveraged new technologies, implementing artificial intelligence (AI), open-source software, and cloud-based infrastructure, to support both business and customer needs.
Phil Edmunson, founder and CEO of Corvus Insurance, said: “As Corvus focuses on building the most robust data- and technology-based InsurTech offerings, Paul is a welcome addition to our growing team,” said “Paul’s advanced analytics experience will be crucial as Corvus continues to lead with data — using novel insights to help curb systemic risk — and further our mission to make the world a safer place.”
Gaspar commented: “From its inception, Corvus has used data and technology as a key differentiator in the insurance industry. I’ve seen data go underutilised — even in the technology industry — and I’m excited to join a team where we can expand the horizons for data sources and continue to innovate to create even greater value for our brokers, policyholders, and risk capital partners.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
