August 20, 2021


Extraordinary Re adds Pete Kruskall to its advisory team


New York (Aug. 20, 2021) – Extraordinary Re, the InsurTech startup that developed the only secondary trading platform for insurance liabilities, today announced the addition of software engineer and artificial intelligence pioneer Pete Kruskall to its team of advisors.

Kruskall is best known as the cofounder in 2013 of Kensho. Kensho, whose market data analytics system gave the financial industry its own Siri-style AI-powered assistant, was acquired by S&P Global in 2018 for $550 million. Previously, Kruskall was a software engineer at Google and at Kayak.

“Pete is a brilliant mind and an innovator par excellence with an extraordinary flair for technology. His advice will be extremely valuable to our company through future phases of growth,” says Extraordinary Re CEO Lee Van Slyke. “Pete’s experience with Kensho’s clientele, which overlaps with our own customer base of asset managers and asset owners, will enable us to provide even better service to our clients.”

Extraordinary Re draws on the diverse expertise of its Advisors to analyze risks as well as opportunities. The addition of Kruskall is noteworthy since he will be the first on the Advisory Board who has been the CTO of an AI firm which successfully built a service for the capital markets.

“Extraordinary Re has an impressive set of assets ready to deploy to serve corporate risk managers, asset managers and asset owners, insurance brokers and insurance companies. I look forward to joining the esteemed panel of advisors. I hope to be able to add value and drive success,” said Kruskall.

Kruskall holds an S.B. and M.Eng. from MIT, where he graduated Phi Beta Kappa.


About Extraordinary Re [!Re]: Extraordinary Re’s platform for the secondary trading of insurance liabilities is a natural evolution of Insurance Linked Securities (ILS). Just as digital platforms have transformed energy and currency markets, !Re’s platform is transforming the way in which capital markets take insurance risks. With the firm’s two patents, !Re offers benefits to all participants in the insurance-capital markets value chain by creating a new non-correlated asset class for institutional investors and traders, ameliorating the protection gap for policyholders, and providing new tools for risk and capital management for insurance and reinsurance companies.

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