Cheri Trites-Versluis, Bold Penguin VP Product and Policy Analyst
Cheri Trites-Versluis, Bold Penguin VP Product and Policy Analyst:
I jumped in with no hesitation. I absolutely love to learn and challenge myself intellectually. I was drawn to the digital transformation occurring within insurance carriers and fascinated by the technology solutions with potential to completely change underwriting and product development. My legal background was focused on insurance coverage and extra-contractual exposure so I was no stranger to the insurance industry; however, I was a stranger to the tech industry. While it was very intimidating initially, I quickly learned no one knows everything and it takes experts in many areas to build a successful tech organization. I was able to find my niche and leverage my expertise while taking advantage of the opportunity to immerse myself in the development of AI and ML products.
I find it fascinating that building data science models is very similar to teaching a child to read. It’s a process of repetition and training. I’m elated reviewing a data science output from a new model. Tasks that take humans hours to complete can be completed in seconds with a much higher level of accuracy. It fills me with optimism to think that as AI and ML improve, we will be able to spend more time mentoring for development of growth and leadership skills in our teams and less time training for administrative or repetitive tasks.
Honestly, it’s pretty lonely. I’ve found a lot of similarities to law firms when I began practicing law. There were a lot of female associates, but very few female partners. In tech, there are a lot of women in mid-level positions, but very few in leadership positions. In my opinion, those of us who have achieved a leadership position in tech must commit our time to mentoring and sponsoring women in our industry to develop more women executive leaders. I experience deep personal satisfaction from my mentoring relationships and find them incredibly rewarding.
2022 was another impactful year for Bold Penguin, as well as for small commercial insurance agents and carriers, as we worked together to support millions of small business owners.
Celebrating Black History Month with a Champion of Diversity and Inclusivity
While demand on the Exchange is consistent, its height is in April. So prepare now.