This week, I am highlighting the up and coming Carey Anne Nadeau. I had the opportunity to mentor Carey Anne and ODN when she participated in the Partnership Fund for NYC. I was impressed with her from the start of the program, particularly in her ability to listen to and act on feedback. I’m looking forward to seeing where Carey Anne and ODN goes from here!
How/why did you get into tech?
I founded a company that predicts where car crashes are likely, but I’ve been building these predictive risk models professionally since 2014. Before that I went to MIT to study urban economies and logistics and before that I worked as an Analyst for the Brookings Institution.
What role do you play in the tech ecosystem?
ODNsure is using an abundance of data resources to extrapolate new geospatial measures of risk that disrupt traditional approaches, relying on individual characteristics, like FICO. We’re starting with auto insurance. We’ve developed a geospatial risk measures of where customers are, to augment what carriers know about who their customers are. While today, auto is one of the least profitable lines of business, ODNsure is on a mission to make it profitable again.
What do you believe is the most exciting tech trend for 2019?
I’m watching closely how the insurance industry uses Linkedin. I became a host of the insurance technology podcast, “Profiles in Risk” to produce more content and engage a broader audience on LinkedIn. I’m looking forward to learning more about what folks engage with and encouraging dialogue in the comments section.
The second trend I’m watching is an increasing interest in business lines operational efficiency, going hand in hand with customer satisfaction. Particularly in high volume lines like auto and small commercial, we can make it cheaper to acquire customers. New technologies are not just a fun gadget they’re favoring operational logistics.
Who is a person in tech that inspires you? Why?
I appreciate the work that conference organizers, like Caribou Hoening of Insurtech Connect, has done to bring insurance professionals together to create a community and share good ideas. My hope is that I can build from these examples, to chronicle my journey and how I’ve become a successful entrepreneur in this space to not only inspire others, but also make practical connections and business leads and facilitate professional relationships for others.
What advice would you give for someone who wants to get into tech?
I think those who want to “enter tech” feel like outsiders, but actually their perspective and experience is just what tech needs to fuel growth. Some of the best data scientists on my team have spent time in other industries, including a performance and process engineer from JELLO.