Get Acquainted with Soteris
Our Purpose
Founded in 2018, insurtech, Soteris introduced a new method of precise, policy-level auto insurance risk selection, driven by machine learning.
Our name is inspired by the Greek god/goddess pair, Soter and Soteria. Like insurers, Soter and Soteria personify safety, salvation and deliverance from harm.
Soteris was founded with the goal of helping insurers improve profitability with data-driven risk selection. When insurers have the insights needed to select risks individually and based on rate adequacy, they are free to focus on their core mission of safeguarding policyholders.
Our model has been proven by several customers to help drive down loss ratio.
About Our Founder
Soteris is the brainchild of founder and CEO, Sunit Shah, PhD.
Sunit is a co-author of the Wiley textbook, Behavioral Finance and the author of the CFA book, The Principal-Agent Problem in Finance.
In an earlier role, Sunit analyzed and identified trading opportunities within interest rates, currencies, equity indices, energy, agriculture, precious metals, base metals, and softs as the second-in-command on the macro and commodities portfolio.
In 2018, he founded Soteris, applying his knowledge of trading algorithms to create machine learning software that predicts insurance losses with a high degree of accuracy.
Meet Our Team
John Baker
Head of Sales
Tom Steffes
Infrastructure Engineer
Sam Wilson
Machine Learning Engineer
Sai Haran
Machine Learning Engineer
