New York-based insurtech Kalepa has announced the appointment of a Japanese industry leader to its advisory board.
The announcement announced that Naohiko Oikawa has joined the American company, bringing decades of CEO and strategic advisory experience at top Japanese and international companies to his new role.
Mr. Oikawa will strengthen the team with his deep expertise in leveraging data and advanced analytics for sound business decisions.
His previous roles as CEO of Dentsu Consulting, senior vice president of Mastercard Advisors, and management consultant at McKinsey & Company highlight his strategic leadership and advisory skills.
Kalepa is dedicated to helping commercial insurance companies “transact with confidence” and was founded in 2018 by technology experts. The company's flagship platform, his Copilot Underwriting Workbench, enables underwriters to efficiently assess risk and make optimal choices, driving profitable premium growth.
The company was named to the 2023 InsurTech 100 by FinTech Global and is backed by IA Ventures, Inspired Capital, and other leaders in the technology and financial sectors.
Naohiko Oikawa, incoming member of Karepa's advisory board, said: “I have known Paul and Daniel for over 10 years and am very pleased to be working with them and the team at Carepa on the next chapter of their growth. has a long tradition of leadership and has produced world leaders such as MS&AD Insurance Group Holdings, Inc., Sompo Holdings, Inc., and Tokio Marine Holdings, Inc. We see the potential in this important global market. With the power of Copilot, insurers can improve efficiency and profitability and strengthen their balance sheets.”
Paul Monasterio, CEO of Carepa, commented: “Mr. Oikawa is a true leader with deep expertise in bringing world-class technology to the Japanese market. We are excited to partner with him again as we take Karepa's products to the world stage.” , dozens of leading private property and casualty insurance companies are transforming their underwriting and operations through Copilot, and we continue to grow rapidly.”
“We are excited to partner with Mr. Oikawa, an industry leader, and continue to benefit from his expertise and knowledge in an official capacity,” said Daniel Hillman, Chief Operating Officer of Karepa. added. With deep relationships across Japan and a proven ability to adapt global technologies to local markets, Mr. Oikawa will be a tremendous asset to the Karepa team and our clients around the world.
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