E433 Mark Shoun, Chief Data Scientist at Ledger Investing

Today's guest is Mark Shoun, Chief Data Scientist at Ledger Investing in New York. Founded in 2016, Ledger Investing are 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 institutions 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. They 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, and

What the near future looks like for Ledger Investing