NEW YORK--(BUSINESS WIRE)--AXA Equitable, a leader in providing financial security and retirement products, announced today that it will be sponsoring four upcoming Data Driven NYC Meetups at AXA Auditorium, 787 Seventh Ave.
Insurance companies rely on data for underwriting and use predictive and optimization models in many different business processes. Modern technology is creating an increasingly data rich environment providing a wealth of behavioral insights as well as tools to analyze this data. Therefore, insurers have more information at their disposal than ever before as additional data sources become more available.
“Becoming a more data-driven company will help AXA improve management processes, create new products and better serve customers,” said Louis DiModugno, AXA’s Chief Data and Analytics Officer. “Through this sponsorship of Data Driven NYC, AXA will continue to familiarize itself with innovative uses of data and explore how to apply these methods in the insurance business.”
Data Driven NYC is a community of tech enthusiasts who are passionate about data technologies (Big Data, data science, artificial intelligence, machine learning). The community, organized by NYC venture capital firm FirstMark, has become the largest of its kind in the United States, with over 10,000 members. Data Driven NYC hosts monthly events focused on the leading edge of the data revolution: emerging startups, products and technologies; new business models and funding trends; and ways for both startups and large corporations to leverage data to accelerate their business and build competitive advantage. Speakers are typically founders, CEOs or CTOs of data startups; prominent data scientists; and CTOs or Chief Data Officers of large corporations.
“We are excited to grow our community as we host our event at a new space, the AXA Auditorium,” said Matt Turck, founder and organizer of Data Driven NYC and Managing Director at FirstMark. “We hope to establish a symbiotic relationship with AXA as we both continue to learn about using data and all its capabilities.”
The March 16 Data Driven NYC event will include four speakers:
- Eliot Horowitz, Founder and CTO of MongoDB (leading NoSQL database)
- Peter Fenton, General Partner at Benchmark (premier Silicon Valley VC firm; #2 on the Midas List)
- Kieran Snyder, Founder and CEO of Textio (Artificial intelligence (AI) powered platform that predicts how text will perform before it's published)
- Eric Colson, Chief Algorithms Officer at Stitch Fix (curated personal styling e-commerce platform)
Visit www.datadrivennyc.com to learn more about the March 16 event and future Data Driven NYC Meetups.
About AXA
“AXA” is a brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY, NY), MONY Life Insurance Company of America (AZ stock company, administrative office: Jersey City, NJ), AXA Advisors, LLC, and AXA Distributors, LLC. In business since 1859, AXA Equitable Life Insurance Company is a leading financial protection company and one of the nation’s premier providers of life insurance, annuity, and financial products and services distributed to individuals and business owners through its retail distribution channel, AXA Advisors, LLC (member FINRA, SIPC) and to the financial services market through its wholesale distribution channel, AXA Distributors, LLC.
AXA S.A. is a Paris-headquartered holding company for a group of international insurance and financial services companies, including AXA Equitable Financial Services, LLC companies. AXA S.A. is a worldwide leader in financial protection strategies and wealth management with 103 million clients in 59 countries as of Dec. 31, 2015. AXA S.A. has been ranked the No. 1 insurance brand in the world by Interbrand for seven consecutive years as of Oct. 5, 2015.
The obligations of AXA Equitable Life Insurance Company and MONY Life Insurance Company of America are backed solely by their claims-paying ability. Find AXA on Facebook, Twitter and LinkedIn. For more information, visit www.axa.com.
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