Visionary Leadership, Exceptional Expertise
At InsureAI, we're bringing together world-class talent at the intersection of actuarial science and artificial intelligence. Our leadership team combines deep industry expertise with pioneering innovation to revolutionize insurance analytics.
Founder & CEO
Ron Richman is the founder of InsureAI, creating cutting-edge machine and deep learning tools that are transforming traditional actuarial processes. Prior to launching InsureAI, Ron served as Chief Actuary at Old Mutual Insure, South Africa's second-largest P&C insurance group, where he oversaw all P&C actuarial operations. His distinguished career includes senior leadership roles as Chief Actuary and Chief Risk Officer for AIG's African entities.
A globally recognized thought leader, Ron holds Fellowship with both the Institute and Faculty of Actuaries (IFoA) and the Actuarial Society of South Africa (ASSA), along with practicing certificates in Short Term and Life Insurance. His academic credentials include a Masters of Philosophy in Actuarial Science with distinction from the University of Cape Town and he has finished PhD focused on applying deep learning in actuarial science from the University of the Witwatersrand.
Ron currently chairs both the Actuarial Society of South Africa's Climate Change committee and the International Actuarial Association's ASTIN Board, positioning him at the forefront of actuarial innovation worldwide.
Chief Technology Officer
Darren brings strategic technology leadership to InsureAI, specializing in innovative digital solutions that power our platform. His expertise spans Intelligent Document Processing, Robotic Process Automation, cloud-based customer engagement platforms, and advanced data analytics—all critical components of our technology infrastructure.
Before joining InsureAI, Darren drove significant technology transformations at VAT IT and established the Reality Science practice at Business Science Corporation, where he pioneered immersive training technologies and analytics-driven solutions. His technical vision ensures InsureAI's platform delivers unprecedented performance and scalability for our clients.
Darren holds an MBA from Edinburgh Business School and degrees in Electrical & Biomedical Engineering from the University of the Witwatersrand, combining business acumen with deep technical knowledge.
Head of Pricing
Kovlin Perumal leads InsureAI's P&C Pricing division, bringing exceptional expertise in pricing strategies, data science, and analytics within the P&C insurance sector. His innovative approach to pricing helps our clients achieve superior risk selection and portfolio optimization.
With a distinguished career spanning pricing-focused roles at industry leaders including Old Mutual Insure and Absa Group, Kovlin combines practical industry experience with cutting-edge analytical techniques. His deep understanding of both traditional actuarial methods and advanced AI applications makes him instrumental in developing InsureAI's next-generation pricing solutions.
A Fellow of the Actuarial Society of South Africa (FASSA) and University of Cape Town alumnus, Kovlin's technical expertise and industry insights drive continuous innovation in our pricing capabilities.
Head of Reserving and Capital
Rowald Van Der Walt heads InsureAI's P&C Reserving and Capital division, bringing extensive expertise as a qualified Non-Life and Enterprise Risk Management Actuary (FASSA, CERA). He specializes in designing sophisticated reserving and capital solutions that streamline processes and create strategic advantages through advanced programming and data science applications.
His impressive career includes key positions at Old Mutual Insure and Guardrisk, where he led groundbreaking projects in capital modeling, regulatory compliance, and reinsurance structuring with an emphasis on economic modeling. Rowald's comprehensive understanding of SAM, IFRS, and risk management frameworks enables him to help clients navigate complex regulations while optimizing capital efficiency.
Under Rowald's leadership, InsureAI's reserving and capital solutions combine traditional actuarial rigor with AI-powered insights, delivering unprecedented accuracy and strategic value to our clients.
Head of Engineering
Rob is an accomplished software engineering leader recognized for delivering robust, secure, and cloud-native solutions. As Head of Engineering, Rob focuses on building quality software solutions and empowering the team toward excellence.
His passion for sound engineering principles underpins his commitment to building transformative software for the actuarial sector. By championing best practices, security, and scalable architecture, Rob ensures the delivery of reliable, future-proof products, that meet the evolving needs of the industry.
He holds a Bachelor of Science in Computer Science from Rhodes University and has honed his expertise through diverse experiences across banking, world-leading VAT reclaim services, and one of southern Africa's largest e-commerce companies.