Assessing risk around autonomous vehicles is a very complex challenge but an extremely important one for the industry to grow.
Boston, MA (PRWEB) May 09, 2017
Acend Inc., an insurance and technology company, today announced that Christopher Dean has been appointed as the company’s new Chief Executive Officer.
An experienced business and technology leader, Christopher Dean was previously the Co-Founder and President of PrecisionHawk, Inc., a leading commercial provider of advanced drone technologies. From its inception in 2010, Dean’s efforts were critical in the development of PrecisionHawk’s products and rapid enterprise client growth across the globe.
“Chris is a talented business executive with a great track record in building and scaling a technology company,” said Steve Rabbitt, Acend Investor and Co-Founder. “With his strong product vision, team-building and deal making skills, Acend is well positioned to capitalize on the large market opportunity around the intersection of insurance and autonomous vehicles.”
Acend is building an insurance and risk platform for an autonomous world. Acend is bringing insurance tools that leverage machine learning that are designed around delivering policies and rapidly managing claims for autonomous vehicles including driverless cars, robots and drones. Acend’s wholly owned subsidiary, Acend Insurance Solutions, LLC., is a licensed producer nationwide.
Acend’s first of several products to launch is DroneInsurance.com. By replacing paperwork and complexity with automation and user control, DroneInsurance.com is a platform that make buying drone insurance easy to understand and quick to do. The website will go live in limited release and be on display for the first time at Xpotential 2017 (booth #440). It will move into full release in the US in summer 2017 with additional international markets planned for the future.
“I am excited to join the Acend team. It is a great group of operators, partners and investors,” said Christopher Dean. “Assessing risk around autonomous vehicles is a very complex challenge but an extremely important one for the industry to grow. Underlying risk variables for insurers, manufacturers and operators are changing and Acend will be in the middle of that transformation.”
Acend is an insurance technology company building an insurance and risk platform for an autonomous and dynamic world. Acend’s wholly owned subsidiary, Acend Insurance Solutions, LLC. division, is a licensed producer nationwide. Acend is bringing insurance tools to leverage artificial intelligence that are designed around delivering policies and rapidly managing claims for autonomous vehicles including driverless cars, robots and drones. Acend’s first product to publicly launch is DroneInsurance.com. Acend is invested in by a team of entrepreneurs with strong aviation, technology and finance backgrounds. Founded in 2016, the company is headquartered in Boston Massachusetts. For more information, please visit http://www.acend.io and http://www.DroneInsurance.com.