Delos has been growing! We’ve added some outstanding talent to our team, and we’re excited to highlight them individually in a series of posts. Today, we’re pleased to introduce Paul Thompson, our Insurance Product Manager.
We had the good luck of meeting Paul through an enthusiastic introduction via our Insurtech network. Right off the bat, Paul’s extensive experience in creating insurance products at large insurance carriers added invaluable knowledge and skill to the team. For the last few decades, Paul has led teams at Mercury, Farmers, Nationwide, Kemper and Progressive, focusing on all key drivers and management of profit and loss: product development, product actuarial and pricing, underwriting, capital management and reinsurance, and management where he built highly effective teams. He holds an MBA.
Paul also has been in the trenches as the industry moves into the digital age, both on the carrier side and the startup side. He led the business side implementation of technology platform transition at Mercury, which enabled more optimized operations and faster innovation. He’s also been involved in a number of startups and been an advisor/mentor in the Insurtech space.
Paul’s experience lines up amazingly well with Delos’ target market and products. He designed Mercury’s brush management underwriting model, and has first-hand insights about the various models used in the industry. He has managed teams that performed field Product Management and Research and Development for personal and commercial lines, and he did so primarily for California and western regional markets. This kind of specialized experience has proven essential in understanding the unique challenges and opportunities that wildfire regions are facing.
Besides being exactly the well-rounded expert in P/C Insurance that Delos needed, he’s also an absolute pleasure to work with, and we couldn’t feel more fortunate to have him on the team!