Arturo announces new CEO
Proptech company Arturo announced the appointments of Greg Oslan as chief executive officer, replacing John-Isaac Clark.
The analytics company is a spinoff of American Family Insurance . In 2018, it parted ways to provide predictive analysis and data on residential and commercial property. It has raised $33 million in funding since it began, and it has the backing of both American Family and IAG, the largest general insurer in Australia.
According to LinkedIn, it lost 23% of its workforce this year, and is now a team of 73, down from 95 – a year ago. According to several Glassdoor reviews posted ahead of this announcement “management spends more time fighting amongst themselves” and “many people (other than the layoffs that happened earlier this year) have left the company in the last 6 months due to changing priorities.”
Arturo also named Joe Brown as vice president of sales and service. According to the press release, Oslan will be responsible for leading Arturo through a new period of growth, expanding across industries, and building further on Arturo’s technical capabilities. Brown will spearhead accelerating revenue growth by acquiring new customers, increasing Arturo’s presence in new channels and markets, and contributing to the overall sales and business development functions.
“The intelligence Arturo brings to property insurers continues to change what it means to be a responsive, effective insurer in a competitive, fast-moving property market. Coupled with the challenges of climate change, Arturo is well-positioned to help its insurance partners build trust with customers when they need it most. I’m looking forward to working with the customers, partners and great minds at Arturo in curating the very best solutions to meet the needs of the insurance/reinsurance market and property ecosystem.” – Oslan.
// The other company that lost 23% of its workforce this year – down from 26 to 20 people is Bambi Dynamic , an insurance platform for mobility and on-demand and usage-based insurance. This, too, is an insurer backed startup that has received the financial support of MS&AD Ventures and Phoenix Insurance Company .
