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Martin Ellingsworth
Serial Entrepreneur and Investor
Martin Ellingsworth is an experienced professional with a background in software engineering and product management. With nearly a decade of experience in leading cross-functional teams, Martin is an expert in developing and launching software products, driving innovation, and meeting business goals. He has worked with startups, mid-sized businesses, and enterprise-level organizations to create solutions that meet the needs of users and the market.
Martin has a Bachelor's Degree in Computer Science from the University of California, Los Angeles (UCLA). He began his career as a software engineer, working for a variety of companies in the technology space. As he grew in his roles, he began to focus more on product management, leading teams in the development of software products.
Martin has a passion for innovation and is skilled in identifying user needs and market opportunities. He is a strategic thinker with exceptional communication and leadership skills, and he is adept at collaborating with diverse teams to achieve common goals.
Highlights
Kicking off things in Milan, Italy today for cyber everything - a profound endeavor.
Get ready for new levels of analysis with seemingly magical linkages for every place in your environment where you use data.
The cost of getting it wrong -- vehicle values in auto insurance - two easy examples - Toyota RAV4 and the Ford F-150.
It's not just inadequate pricing for higher optional equipment, it is also excessive pricing for vehicles with standard builds. You can see the RAV4 with no options have a Higher ACV for recent year versus older years off trend. The spread is even wider for the F-150 with many up-trim choices and optional features ( think of just the Raptor, not even the Raptor R).
If you blindly follow just loss costs using make/model/year (drive train, trim, engine size, etc from a 10-digit VIN decode), you still have model risk:
- blind-to-"as built" case mix changes - both for features and values (F-150)
- unseen changes in actual cash value (ACV) of the used vehicle market (both)
- unexpected changes in the underlying nature of losses as the Total Loss threshold balloons with ACV (both)
#ValueAtRiskMatters Forbes Advisor
