Digital pioneer in the insurance industry Daisuke Iwase named a senior advisor to Omniscience
Daisuke Iwase, Managing Partner at Spiral Capital, has been named senior advisor to Omniscience Corp. of Palo Alto, CA. Iwase has had extensive experience in helping to redefine the life insurance industry throughout Asia.
“Omniscience has the opportunity to redefine the life insurance industry with its revolutionary technology that brings new levels of speed and accuracy to decision making processes,” said Mr. Iwase. “Companies that leverage this technology can capture a multidecade compounding advantage.”
Daisuke is a well-respected pioneer and leader in digital innovation within the insurance sector. He co-founded Lifenet Insurance Company, a publicly listed digital life insurance company where he served as Representative Director and President. He also served as Group Chief Digital Officer and Member of the Group Executive Committee at AIA Group, the largest independent publicly listed pan-Asian life insurance group operating in 18 markets. He is currently Managing Partner at Tiger Gate Capital, a strategic advisory firm based in Hong Kong serving fintech and healthtech venture companies, and Managing Partner at Spiral Capital, a general venture capital firm in Tokyo. Daisuke started his career as a strategy consultant with the Boston Consulting Group and was engaged in technology venture capital and private equity before attending Harvard Business School, where he graduated as a Baker Scholar.
Mr. Iwase will have the opportunity to help Omniscience in its penetration of Asian markets.
“We are pleased to have Daisuke Iwase join as an advisor,” said Sunil Rawat, co-founder and CEO of Omniscience. “He is a visionary in the life insurance industry — having seen the future of frictionless life insurance issued online before anyone else, and before the terms fintech and insurtech were even invented. The respect he commands and his insights in a wide variety of fields will be very instrumental to our strategy as we move forward in Japan, Greater China, and globally.”
Omniscience (www.omniscience.com) is the first company to enable the Computational Insurance™ business. Because of unique breakthrough distributed technology that can process many layers of business and data complexity completely and rapidly, Omniscience customers can approach their businesses in entirely new ways. Instead of this complexity inhibiting good decisions, insurance customers can use the vast amounts of data from inside and outside sources to make good business decisions that continuously improve the entire company while increasing transactional speed. Ultimately, Omniscience Computational Insurance solutions optimize insurance and financial services companies grow market share, save on costs, boost return on equity, and increase regulatory compliance. Over time many additional Computational Enterprise™ markets will benefit from Omniscience to handle the chaos in their environments. Based in Palo Alto, CA, investors in Omniscience include Guardian Life Insurance Company of America, TD Bank, Translink Capital, and others.