(BRK.A), (BRK.B)
Berkshire Hathaway’s TransRe has restructured its data science team to enhance the development and adoption of Artificial Intelligence, Machine Learning, and Large Language Models.
Otakar Hubschmann has been promoted to the newly created role of Chief Artificial Intelligence Officer, where he will lead TransRe’s Artificial Intelligence Team (TRAIT). Otakar joined TransRe in 2016 from a quantitative trading background and has since established a data science group. Under his leadership, the team has worked on automating data extraction and ingestion from submissions and contracts, and enabling rapid document comparison.
Socrates Pichardo, TransRe’s Chief Technology Officer, will also join TRAIT. Socrates, who has been with TransRe since 1993, has led several major IT projects, including the development of TransRe’s property underwriting platform and the company’s business cloud migration. He was appointed group CTO in 2017.
TRAIT aims to integrate AI’s rapidly developing capabilities with TransRe’s existing expertise to deliver additional insights for colleagues and clients. To ensure these capabilities are embedded within the operating units, TRAIT will report to TransRe’s Chief Operating Officer, Matt Mahoney.
© 2024 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell a stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.