Kettle, an AI-enabled re/insurer for commercial property owners in areas affected by catastrophic climate events, has appointed Jeff Chen as Chief Risk Officer to lead risk management and actuarial.
With this appointment, Kettle aims to meet its mission of protecting communities from the increasing threat of wildfires.
Chen has nearly two decades of industry experience, including in risk analytics. His career includes leadership roles at Root Insurance where he served as the Lead Corporate Actuary and at AIG as the Supervising Actuary for Personal Lines.
Isaac Espinoza, Chief Executive Officer, Kettle, commented on the appointment, “Jeff is a proven leader in actuarial science and risk management, with deep expertise in leveraging data to drive smarter decisions. His insights will be invaluable as we scale our operations and refine our approach to insuring wildfire-prone areas.”
Lauren Kolodny, Partner at Acrew Capital and lead investor in Kettle’s Series A round, added, “Kettle is setting a new standard for how technology can mitigate catastrophic risks. Jeff’s actuarial expertise and track record at both startups and established insurers make him an exceptional fit for the company’s next phase of growth.”
Chen stated, “Wildfire insurance is one of the most pressing challenges facing the insurance industry today, and Kettle’s use of artificial intelligence to address these challenges is reshaping an industry where traditional approaches simply aren’t enough. I am thrilled to join this innovative team and leverage my experience to enhance Kettle’s risk management and underwriting strategies.”
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