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ChainThat, a UK-based insurtech firm, has named Vikas Acharya as its new CEO on a right away foundation.
Acharya, who beforehand served as the corporate’s chief working officer (COO), succeeds former CEO David Edwards.
Acharya has performed a key position in ChainThat’s journey, co-founding the enterprise and main its operations from pre-sales to supply.
He brings in a wealth of enterprise know-how expertise to the position.
Within the new position, Acharya will spearhead ChainThat to proceed the corporate’s trajectory in offering modern software program as a service (SaaS) merchandise to the reinsurance trade.
ChainThat is famend for its improvement and deployment of merchandise that allow brokers, carriers and MGAs to optimise their use of know-how.
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Commenting on the appointment, Acharya stated: “I’m extraordinarily keen about main this incredible organisation, which I’ve been concerned in constructing brick-by-brick for the reason that starting.”
“2024 can be a catalyst yr for ChainThat. As we propel ourselves into the following part of progress, we’ll create scale for our “Past…” suite of merchandise. We may also proceed to ship on the promise of innovation by additional weaving Distributed Ledger Expertise and AI into our merchandise.”
“Our product pipeline may be very thrilling. And we proceed to ship and develop upon our final objectives: to make sure our SaaS merchandise assist our shoppers in scaling their companies, and to make sure that they’re particularly catered to assist insurance coverage organisations construct efficiencies throughout completely different geographies.”
This transfer comes on the heels of ChainThat’s latest partnership with Amparo Insurance coverage to rework the latter’s auto insurance coverage for immigrants in Massachusetts, US.
Amparo chosen ChainThat’s Past Coverage Administration (BPA) platform to streamline its quote-bind-issuance workflows and compliance controls, that includes real-time dashboards and a guided person expertise to automate the coverage life cycle.
Earlier within the month, Berkshire Hathaway Specialty Insurance coverage applied a digital resolution of ChainThat centred round distributed ledger know-how to deal with and serve its international programme enterprise.
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