Colonial Surety Appoints Jay Lee as Chief Technology Officer to Spearhead the Development of AI-Driven Insurance Platform
Colonial Surety, a direct and digital insurer, today announced the appointment of
As Chief Technology Officer, Lee will head the dynamic development of Colonial Surety’s artificial intelligence (AI) capabilities with a focus on the company’s direct, digital insurance platform. Using data science, and machine learning, he will be designing and distributing innovative technology, making the entire Colonial Surety product suite instantly available online. He will also be responsible for building out and leading the company’s in-house technology team.
Lee joins Colonial Surety with an extensive background in technology as well as a proven track record of transforming business operations. Having worked with retail brands like
"Technology is revolutionizing the insurance industry, driving both efficiency and innovation. At Colonial Surety, we’re proud to be a part of that change. Which is why we're excited to announce Lee’s appointment as Chief Technology Officer,” said
Colonial Surety recently launched its digital platform, providing a single source of surety and fidelity bonds and insurance products for America’s SMBs. One of Lee’s first initiatives at the organization will be to enhance the self-service tools, personalization options, advanced analytics, data processing, and real-time risk management of the platform.
“I’m proud to join the Colonial Surety team and further support its efforts to build a data-driven platform that provides a simple and efficient way to identify, buy and oversee the insurance and bond products needed for companies to build strong, stable and safeguarded businesses,” said
About Colonial Surety
Colonial Surety was founded in 1930 and brings deep experience and market expertise to every product and every customer relationship. Colonial Surety gives its customers the assurance that they, their businesses, and their clients are safeguarded with the right surety and insurance products at all times.
Colonial Surety makes it easy for a wide range of industries and professions to buy the bonds and insurance products they need. Colonial Surety is a direct and digital insurer offering products through an online platform supported with exemplary customer service. The company gives customers a simple, direct, and instant service that takes the pain out of buying insurance and bonds. Colonial Surety is licensed in every
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Source: Colonial Surety
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