Instanda scoops expert as interim chief AI officer

No code insurtech Instanda has hired professor Andy Pardoe as its interim chief artificial intelligence (AI) officer.

Pardoe, who is a specialist in AI, is the first to hold this position at the Insurtech 50 firm. 

He will work directly with Tim Hardcastle, the firm’s co-founder and chief executive, to outline Instanda’s AI strategy.

Pardoe’s role will also include working with others in the business to identify ways that AI can be applied to streamline work flows and productivity.

Welcoming the new hire, Hardcastle said: “His appointment gives us all an opportunity to benefit from his wealth of experience and expertise from other industries and look for new ways we can deploy AI across our business and platform.”

Experience

Pardoe has more than 30 years of experience in AI, having spent his career advising senior officials on how to scale their adoption of the technology.

He is also chair at the Deep Tech Innovation Centre, which helps educate founders using AI.

In August, Pardoe launched his own AI consultancy called Pardoe AI Consulting and he is currently writing an AI strategy handbook.

Pardoe has also worked in the financial services, government, retail and public services sectors during his career, while he has completed projects for the Royal Air Force and NHS.

Pardoe said: “AI is already driving considerable change across the insurance industry – but there is so much more it can do. The skill is understanding how to apply it and it’s this that will make a real difference.

“The right application can create far reaching change across the whole insurance value chain. I’m looking forward to working with Tim and others at Instanda to find new ways to drive efficiencies and innovation that will create real value to not only our clients, but their clients too.”

Hardcastle added: “We have a global first track record of delivering unique solutions by combining existing and new technologies in ways that maximise value for our clients and their customers. Andy has already hit the ground running and I can’t wait to see what more we can achieve together for our clients and the wider insurance industry.”