Geosite Expands Foothold in the Insurance Industry with new Global Head of Insurance, Lisa Wardlaw

Geosite, the company that builds business intelligence software leveraging cutting-edge spatial data and AI, today announced that Lisa Wardlaw has joined the team as the Global Head of Insurance. Wardlaw will lead the company’s expansion into the insurance industry as Geosite brings the power of innovative technologies to improve loss ratios and provide greater customer satisfaction across claims and underwriting departments.

Wardlaw has had a long and impactful career in the insurance space driving a digital transformation of the industry through the adoption of new technologies. Most recently, Wardlaw led Global Insurance Solutions for space constellation company, ICEYE, where she pioneered the application of satellite technology to the catastrophe market. Previously, Wardlaw drove transformation in the insurance industry at Farmers Life Insurance as Strategic Chief Financial Officer and was Global Chief Digital Strategy & Transformation Officer for Global Reinsurance at Munich Re.

“I am excited to be joining a young and dynamic team that is set on disrupting the insurance industry,” says Wardlaw. “There is huge potential for authentic and industry-changing innovation in insurance, and the geospatial market remains untapped. I am honored to help Geosite leverage data to reimagine the entire customer experience starting in the claims and underwriting processes as we establish new industry expectations of curated experience for both customers and providers.”

“Lisa’s vision of a more modern, technology-driven insurance industry aligns seamlessly with Geosite’s mission of using spatial data to not only improve business operations but ultimately help people during some of their darkest moments,” says Geosite CEO and Founder Rachel Olney. “Her energy and passion for driving towards new solutions is infectious, and we’re incredibly excited to have her leading this charge.”

Geosite fuses and streamlines geospatial imagery from drones, satellites, and remote sensors, as well as AI analytics and IoT devices into an intuitive software platform to provide actionable insights for underwriting new business segments, rapid disaster claims processing, fraud detection, and data-driven pricing.

Geosite is currently partnered with MS&AD, one of the world’s largest insurers, to accelerate claims settlements following large-scale natural catastrophes such as typhoons and torrential rains. Geosite’s software integrates aerial and satellite imagery to speed claims payouts so MS&AD’s customers can get back on their feet faster, all while reducing costs. Wardlaw will build on the company’s early successes to bring on additional partners and continue expanding Geosite’s footprint in the insurance industry.

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