Dr. Simone Krummaker joins the Faculty Insurance Advisory Council
Faculty announces the appointment of Dr. Simone Krummaker as an Insurance Adviser.
As one of Faculty’s Insurance Advisers, Dr. Simone Krummaker will help leading insurance companies navigate and accelerate their AI transformation, driving innovation and long-term impact in the industry.
Simone is an Associate Professor at Bayes Business School in the Faculty of Actuarial Science and Insurance. Her research specialisms span multiple areas including organisational insurance demand and export credit insurance. Before joining academia, Simone worked for more than ten years in the insurance industry in several positions such as underwriting and controlling. She is also a certified insurance professional (Versicherungskauffrau, Chamber of Industry and Commerce) and holds a doctoral degree.
The Faculty Insurance Advisory Council is a select group of insurance experts convened to shape the future of insurance with AI. Council members lend their expertise to help Faculty develop software solutions for insurers, while benefitting from Faculty’s insight on cutting-edge AI.
"I am excited to join Faculty’s Insurance Advisory Council and contribute to shaping the future of AI in the insurance industry. The sector is at a pivotal moment, with AI offering new ways to enhance risk management, underwriting, and customer service. I look forward to working with Faculty to help insurers harness AI’s potential in a responsible and impactful way."
Dr. Simone Krummaker
"I am delighted Professor Krummaker has joined our Advisory Council. Her expertise in actuarial science, risk management, and the insurance industry will significantly advance the way we build AI in the sector. As the world becomes more uncertain, the need for AI-driven insurance solutions to protect people and businesses from risk has never been greater.”
David Bholat, Director for Consumer and Financial Services
About Faculty
Faculty, headquartered in London, transforms organisational performance through safe, impactful and human-led AI. We have over 10 years experience helping customers reap AI’s benefits whilst managing the risks. Founded in 2014 with a training programme to help academics become data scientists, we now provide over 300 global customers with software, bespoke AI consultancy, and an award winning Fellowship programme. Our expert team includes leaders from across government, academia and global tech brands. We have raised over £40m from investors including The Apax Digital Fund, LocalGlobe, GMG Ventures LP, and Jaan Tallinn, one of Skype’s founding engineers.
Get in touch with Faculty if you are interested in our offer in Insurance.
