Welcome to episode 433 of the AI in Action podcast, the show where we break down the hype and explore the impact that Data Science, Machine Learning and Artificial Intelligence are making on our everyday lives.

Powered by Alldus International, our goal is to share with you the insights of technologists and data science enthusiasts to showcase the excellent work that is being done within AI in North America and Europe.

Today’s guest is Mark Shoun, Chief Data Scientist at Ledger Investing. Founded in 2016 and headquartered in New York, Ledger Investing is a tech-enabled marketplace for connecting insurance risk to capital. The company deploys proprietary software and data analytics covering many types of insurance risk portfolios. This technology enables insurers to securitize risk more efficiently while providing investors, asset managers, pension funds, hedge funds, family offices, and other institutional investors an opportunity to invest in a new and growing asset class.

Mark is a experienced data science professional who’s passionate about providing data-driven answers to complex real-world questions. He leads a team at Ledger Investing that focuses on building sophisticated analytics for casualty insurance portfolios, in particular modeling casualty insurance for pricing insurance-linked securities. The team are fluent in actuarial practice and in modern statistical techniques, and they seek to combine the best of both worlds to provide robust, unbiased and precise forecasts to their clients.

In the episode, Mark will discuss:

The mission they are working on at Ledger Investing

How they are applying AI & Data Science in the insurance sector

Building the Data Science team from scratch

Day-to-day life and culture of the current team

What the near future looks like for Ledger Investing

To find out more about all the great work happening at Ledger Investing, check out the website www.ledgerinvesting.com or follow them on LinkedIn and Twitter @LedgerInvesting. You can also connect with Mark directly on LinkedIn.

What did you think of Mark’s podcast? Where do you see the future of AI and Data Science in the Insurance industry heading over the next few years? We would love to hear your thoughts on this episode, so please leave a comment below.

If you’re interested in exploring our latest Data Science &ML jobs, check out our live vacancies or upload your resume today to keep up to date with all the latest opportunities.

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