Two Sigma Insurance Quantified Has Brought Sophisticated Data Analysis To Underwriting

Two Sigma, a New York-based hedge fund that uses sophisticated technology, has taken its analytical skills into insurance underwriting with Two Sigma Insurance Quantified.

The company is scientifically driven in its approach, said Brian Modesitt, the insurance tech company’s CEO. It entered the insurance software space five years ago and developed a platform with AIG and Hamilton Insurance, which it sold last year to Coalition, an insurtech company with a focus on commercial cyber coverage.