Job Title: SVP, Group Strategy
Company: Swiss Re
Jerry Gupta is a SVP at Swiss Re, focused on insurtech and P&C innovation. Before this, he was the Founder and CEO of FundTerra.com a next generation real estate brokerage that allowed investors to buy and trade fractional interest in rent generating properties. Previously he was the Global Head of Program Management at Amazon. Prior to that Jerry created the Innovation and Venture group at Liberty Mutual Insurance. Experienced in finding the Product-Market fit and developing user experiences that delight customers. He has launched new businesses both as an entrepreneur and within Fortune 100 setting. He has conducted due-diligence on transactions worth over $3B in aggregate value and has raised over $25M in private placements. In addition he has been on the board of or an advisor to several start-ups in the US, India and Spain. Jerry has an MBA from MIT Sloan School of Management. He is currently working towards a Masters degree in Predictive Analytics from Northwestern University and has received his MS in Computer Information Systems from Bentley University.
Digitization enabled by smartphones, IoT, etc is increasing velocity, volume, and variety of data, which a key driver of AI. AI impacts each and every piece of the insurance value chain, and the effects are already being felt. The future is already here and there needs to be transformation urgency.
Identifying a logical starting point for AI in the business: where will you see the most benefit? Building a foundation to deploy AI projects across the organization. Working with business users to create collaboration rather than competition and fears of job security.
Exploring which key business areas have the most potential What areas of your business under utilizing data and have the most potential? Evaluating which data sources are needed to realize the potential of your data science capabilities? Measuring value attributed, and the estimated value to your business. With lifetime value in insurance being so high… Read more.