New York-based InsurTech Kalepa has revealed the appointment of a Japanese industry leader to its Advisory Board.
The announcement declared that Naohiko Oikawa will join the US-company, bringing decades of CEO and strategic advisory experience from top Japanese and international firms to his new position.
Oikawa is set to enrich the team with his profound expertise in leveraging data and advanced analytics for sound business decisions.
His prior roles as CEO of Dentsu Consulting, Senior Vice President at Mastercard Advisors, and management consultant at McKinsey & Company underline his strategic leadership and advisory prowess.
Specialising in empowering commercial insurers to ‘Bind with Confidence’, Kalepa was founded in 2018 by technology experts. Their flagship platform, Copilot underwriting workbench, enables efficient risk evaluation and optimal selection for underwriters, driving profitable premium growth.
The firm was named to the 2023 InsurTech 100 by FinTech Global and is backed by IA Ventures, Inspired Capital, and other leaders across the technology and financial sectors.
Naohiko Oikawa, incoming member of the Advisory Board at Kalepa, said, “I have known Paul and Daniel for over a decade and I am very pleased to partner with them and the Kalepa team on this next chapter of their growth. Japan has a long-standing tradition of insurance leadership and has brought forth several global leaders such as MS&AD Insurance Group Holdings, Inc., Sompo Holdings Inc., and Tokio Marine Holdings, Inc. I see great potential for Kalepa to power improved underwriting in this key global market. Copilot’s power will allow insurers to improve efficiency and profitability, thereby strengthening their balance sheets.”
Paul Monasterio, Kalepa CEO, commented, “Oikawa-San is a true leader with deep expertise in bringing world class technologies to the Japanese market. I am thrilled to once again partner with him as we take Kalepa’s offering to the global stage. Kalepa continues to experience rapid growth with dozens of leading commercial P&C insurers transforming their underwriting and operations through Copilot.”
Daniel Hillman, Kalepa COO, added, “We are thrilled to partner with an industry leader in Oikawa-san and to continue to benefit from his expertise and knowledge in a formal capacity. With deep relationships throughout Japan and a proven ability to adapt global technologies to the local market, Oikawa-san will be tremendous asset to the Kalepa team and to our global clients.
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