InsurTech Magazine September 2020 | Page 47

CHUBB
Sean Ringsted has been part of Chubb for almost 25 years . Currently CDO , he is proud to be part of the world ’ s largest publicly traded property and casualty insurance company , as well as the largest commercial insurer in the US . Holding a BSc from the University of Bristol ( 1981 to 1984 ) and a PhD from the University of Oxford ( 1984 to 1988 ), both in Biochemistry , Ringsted brings an exceptional level of expertise to his work at Chubb . Leading the company ’ s digital efforts , he summarises his team ’ s focus in three core capacities : 1 ) “ The customer and how we can digitise our products
and services to provide a modern experience for buying products , service policies and make claims . An important part of this effort is evolving from the traditional ‘ repair and replace ’ model to a ‘ predict and prevent ’ one , which repositions insurance as a service , not just a product you think about at policy inception or after you ’ ve had a traumatic loss .
2 ) Data and analytic insights to help our decision-makers in areas such as underwriting and claims .
3 ) Internal operations , doing simple things smarter .”
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