Chisel Appoints Jason McDermott Chief Revenue Officer
Summary
Mr. McDermott will play a key role in driving growth for the three-year-old company, which is poised to revolutionize the way valuable information stored in insurance documents is extracted and leveraged.Early in his career Mr. McDermott led the financial services delivery practice for insurance and finance industry leader Janna Systems, which was purchased for $1.4 billion in 2000.“With his leadership experience guiding early-stage companies, Jason is an incredible asset to our team as we begin scaling the business,” said Ron Glozman, CEO of Chisel.Using natural language processing and named entity recognition, Chisel reads insurance documents such as submissions, quotes, binders, and policies and extracts important information in milliseconds.These solutions empower insurers, reinsurers, and brokers to free trapped knowledge and automate E&O policy checking, submission prioritization, quote comparison, and claims triage.