MEET THE TEAM

Executive Team


Advisors


Board of Directors


Alex Chen

Founder & CEO


Engineer, technologist, and entrepreneur, Alex Chen is the Founder and Chief Executive Officer of Asia Risk Transfer Solutions (ARTS). Over the past couple of years, Alex has led extensive market and technical studies on the lack of adequate risk protection for billions of livelihoods across developing Asia, which culminated in the establishment of ARTS in early 2016.

Alex received his B.EngSc. (Civil) and M.Sc. (Tech Mgt) degrees from Nanyang Technological University Singapore. He was named valedictorian of his graduating class and is the recipient of numerous accolades and awards, including the Lee Kuan Yew Gold Medal and the Institution of Engineers Singapore Gold Medal. He was also part of the Singapore team that emerged first globally at the Royal Dutch Shell “Ideas360” International Innovation Competition 2015.

Alex’s work centers upon the systemic integration of natural sciences, financial engineering and technologies to develop an accessible, efficient and inclusive insurance ecosystem for developing Asia. He has been featured by the media and major industry publications, and invited to major international conferences as speaker, advisor and expert panelist.

Jovian Ang

Vice President (Business Development)


Jovian is the Vice President (Business Development) of Asia Risk Transfer Solutions (ARTS). He received his B.EngSc. degree and M.Sc. degree (Technology Management) from Nanyang Technological University (NTU). He was also a visiting scholar at the University of California, Berkeley.

During his stint in the Bay Area, Jovian initiated and developed several technology businesses from social media applications to social causes. Through this, he was uplifted to extend his technology expertise and positivity to businesses that would transform the state of the world.

Fuelled by his passion to make the world a better place, Jovian joined ARTS to advance innovations in the insurance industry so as to protect livelihoods and empower lives.

Rui Jie (RJ) Toh

Vice President (Product Management)


RJ is a product manager with practical experience in Agile Development and User Experience (UX) design principles. An avid design thinker, he analyses problems critically through a human-centred approach to create user-centric solutions that address the fundamental problems. His ability was recognised when he emerged as a global finalist in the World Mobile Challenge 2015.

RJ has worn many hats as a product owner in multiple development projects - Researcher, Designer, Data Scientist, Marketer and Strategist. As a result, he has a unique ability to manage multi-disciplinary projects and navigate complex challenges.

RJ is a firm believer that powerful enterprise systems do not need to and should not be complex. Thus he sets a personal mission to build effective, efficient and delightful digital solutions that meet business needs, exceed user expectations and streamline value chains. In his current role at ARTS, RJ focuses on developing useful, intuitive and delightful technology products to mitigate the inefficiencies in the insurance industry.

Matthew James

Vice President (Project Development)


Matthew is an engineer and designer by training and takes the lead in structuring innovative solutions for emerging markets at Asia Risk Transfer Solutions. Inventive and pragmatic, Matthew’s dexterity is well recognised by the industry when he was awarded the Royal Dutch Shell Singapore Gold Medal (2009) and topped the Shell ‘Ideas360’ Global Innovation Competition (2016).

From the treacherous Andes Mountains to the grandiose Sukhothai, Matthew devotes himself to backpacking to savour the diverse landscapes of the world and its cultural development. His experience led him to firmly believe in the role of technology in transforming lives of millions around the word.

Matthew James holds a B.S. in Chemical Engineering and M.S. in Technology Management from Nanyang Technological University, Singapore.

Ian Chen

Vice President (Technology Management)


A computer science major from the Renaissance Engineering Programme, Ian's interests lie in mobile applications and front-end design. The first mobile application he designed brought him to the finals of the World University Mobile Challenge 2015 in Barcelona. He also likes taking part in hackathons and exploring new technologies, both software and hardware.

Having interned in a startup in San Francisco, Ian has developed a strong sense of entrepreneurial spirit and enjoys the startup environment. He hopes that someday he could create an application that can improve the lives of people around the world and believes that ARTS is an avenue for him to do so.

Nigel Kong

Manager (Technology Development)


Nigel is a full stack developer that has practical experience deploying distributed back-end systems and creating intuitive front-end UI design. Passionate about bettering the lives of people, Nigel constantly seeks to enhance ARTS full suite of products. Nigel constantly seeks out the latest and greatest technological advancements to integrate them into ARTS’ products.

Through his internship at a big data startup, Nigel contributed to their technology stack by implementing various software systems to help them monitor and support their system architecture. Armed with experience in big data, Nigel believes that big data can radically transform the lives of many around the globe.

Nigel received his B.EngSc. (Computer Science) degree and a M.Sc degree (Technology Management) from Nanyang Technological University, Singapore.

Aishwarya Adgaonkar

Analyst (Marketing)


Aishwarya is the Marketing Analyst at Asia Risk Transfer Solutions. She received her B.EngSc. (Mechanical Engineering) from the University of Southern California (USC). Aishwarya has received the honour of being on the USC Viterbi Dean’s list for 2 consecutive semesters, and is also a member of the Pi Tau Sigma honor society.

Aishwarya believes in the potential of technological innovations in existing infrastructure. One of her notable projects, ChargeSC, which aimed at converting umbrellas into solar powered charging stations, was implemented across the USC campus. Having grown up in India, Aishwarya recognises the need for technological innovations in the insurance sector in Asia, and joined ARTS to further this prospect.

Kian Boon Koh

Analyst (Technology)


Kian Boon is a software developer who is passionate about using applications to enrich user experience. He enjoys designing and building user-centric solutions that not only solve critical problems but also promote software usability.

Kian Boon's expertise lies in web and mobile development. One mobile application he built earned him the first prize award in Bosch's Buildings of Tomorrow Hackathon in 2017. A strong believer in quality software design, Kian Boon constantly seeks to enhance his knowledge of software developement practices to further enhance ARTS' products.

Kian Boon received his B.EngSc. (Computer Science) degree and a M.Sc degree (Technology Management) from Nanyang Technological University, Singapore.

Dr Weimin Dong

Senior Advisor


Dr. Dong is the co-founder of Risk Management Solutions, Inc. and previously served as the Chief Technical Officer and Chief Risk Officer of the company. He has over 40 years of industrial, teaching, and research experience and has specialised in seismic hazard evaluation and risk assessment. His research interests include seismic design of buildings, structural responsibility, and the application of neural networks, pattern recognition, and artificial intelligence techniques to earthquake hazard mitigation and risk assessment. He has worked extensively with the insurance and investment industries, structural engineering firms, the State of California, and local and city government bodies, in the transfer of engineering technology. He has also participated in many joint venture projects (US-China, US-Japan) to share knowledge in hazard mitigation with other countries with similar concerns.

Dr Dong is affiliated with the Institute of Catastrophe Risk Management (ICRM) at the Nanyang Technological University (NTU) in Singapore as adjunct professor, where he is actively involved with the design and execution of the institute research programs. As part of this engagement Dr. Dong introduced and has been teaching the first graduate level course on catastrophe Risk Modeling and Management at NTU. Currently, Dr. Dong is assisting the director of ICRM in creating the curriculum and designing the masters’ level program at ICRM for quantitative modeling and management of catastrophe risk in coordination with other related programs at NTU. With ICRM faculties in 2013 Dr. Dong has had interactive collaboration related to modeling of catastrophe flooding in the Pearl River delta in China, as well as assisting the director of ICRM in the design and outreach for an executive course in catastrophe risk management in China. Part of his engagement with ICRM involved advising and assisting ICRM faculties on wrapping up two ICRM projects (Jakarta flood, and Singapore earthquake). In April 2013, together with Dr. Stojanovski, he delivered another ICRM executive course on catastrophe risk management and modeling.

Dr Pane Stojanovski

Senior Advisor


Dr Stojanovski is a founder of Cat Risk Research, LLC - a consulting advisory dedicated to bringing the expertise of catastrophe risk modeling and management, product design, and cat research to the public and private sectors dealing with cat risk, and protection of property and livelihoods. He is currently a professor (adjunct) of the Institute of Catastrophe Risk Modeling (ICRM) in Nanyang Technological University (NTU), Singapore.

Dr Stojanovski also serves as a board member of the WSSI (World Seismic Safety Initiative), and the Advisory Board of ICRM. He was also a founding Executive Director and CFO of Asia Risk Centre, an affiliate of RMS - agriculture risk modeling and related solutions for risk management impacting Asia.

In Risk Management Solutions, Inc. (RMS), Dr Stojanovski served in leading positions in model development, operations, and products for deployment of cat models and data (aggregate loss models Industry Exposure Data, Industry Loss Curves, business interruption, casualty modeling, data quality quantification, geocoding, etc.).

Prior to joining RMS, Dr Stojanovski was a visiting and consulting professor at the Blume Center (Stanford University) and professor at the Skopje University, Macedonia.

Dr. Stojanovski’s expertise and experience span property cat models (Nat cats and man-made), emerging risks, product platforms for model deployment, agricultural risk modeling and its challenges, product design and risk quantification, - including sustainable insurance solutions for the protection of the livelihoods of the poor. He has authored and co-authored a number of publications in these areas.

Mr Soham Ghosh

Consultant


Mr. Ghosh is a past executive team member of Asia Risk Transfer Solutions. He was a Computer Science major from the Renaissance Engineering Program. He grew a strong interest in coding from a young age - which motivated him to attend multiple hackathons and gain real world experience through working at a startup in Silicon Valley. His expertise lies in design and implementation of backend systems.

He also has a strong interest in data science and machine learning, and has done multiple projects in the domain - with papers published in top conferences such as Intelligent Transportation Systems Conference, International Conference on Biometrics, Conference on Decision and Control. Mr. Ghosh's experience lies in deep learning, machine learning for sparse datasets and multimedia analysis.

To further his experience in the area, Mr. Ghosh is currently pursuing a postgraduate study in Computational Data Science at Carnegie Mellon University. Working in both research and startup environments, Soham is an independent learner who enjoys innovative work with applicability in mind. Soham hopes that one day his knowledge would be valuable in building applications and systems that improves the lives of people.

Prof Haresh Shah

Founder & Chairman


A pioneer in the fields of risk analysis, earthquake engineering, and probabilistic methods, Haresh Shah is the Obayashi Professor of Engineering, Emeritus, at Stanford University, Founder and Senior Advisor of Risk Management Solutions, and Emeritus Member of the Board of Trustees at Nanyang Technological University, Singapore.

Professor Shah has been the recipient of many honors throughout his career, including EERI's George W. Housner and Alfred E. Alquist Special Recognition Medals for his extraordinary and lasting contributions to earthquake safety worldwide, as well as International Insurance Society’s John S. Bickley Gold Medal for his sustained and outstanding contributions to the insurance industry. Most recently in 2015, in recognition of his exceptional and outstanding contributions to the academic development of Nanyang Technological University, Professor Shah was conferred an Honorary Doctor of Letters degree awarded personally from the President of the Republic of Singapore, Tony Tan Keng Yam.

As an industry veteran with over 35 years of experience, Professor Shah considers risk protection of the masses as one of the most unmet needs of our world today. Such needs underpin the motivations for the formation of Asia Risk Transfer Solutions (ARTS). Professor Shah takes a personal interest in overseeing the strategic development of inclusive risk protection for the masses with ARTS.

Alex Chen

Founder & CEO


Engineer, technologist, and entrepreneur, Alex Chen is the Founder and Chief Executive Officer of Asia Risk Transfer Solutions (ARTS). Over the past couple of years, Alex has led extensive market and technical studies on the lack of adequate risk protection for billions of livelihoods across developing Asia, which culminated in the establishment of ARTS in early 2016.

Alex received his B.EngSc. (Civil) and M.Sc. (Tech Mgt) degrees from Nanyang Technological University Singapore. He was named valedictorian of his graduating class and is the recipient of numerous accolades and awards, including the Lee Kuan Yew Gold Medal and the Institution of Engineers Singapore Gold Medal. He was also part of the Singapore team that emerged first globally at the Royal Dutch Shell “Ideas360” International Innovation Competition 2015.

Alex’s work centers upon the systemic integration of natural sciences, financial engineering and technologies to develop an accessible, efficient and inclusive insurance ecosystem for developing Asia. He has been featured by the media and major industry publications, and invited to major international conferences as speaker, advisor and expert panelist.

Dr Hongjuan Feng

Board Member


Dr Feng, a pioneer of the reinsurance industry in China, has been playing a key role in many industry initiatives. She is currently the Chairperson of Qianhai Reinsurance and had previously held the positions of Managing Director at China Re Group, Founding Vice Chairman and CEO of China Life Re and Director of the Science and Technology Division at the Chinese Academy of Sciences.

Having completed her doctorate in the field of Micro-electronics in the Chinese Academy of Sciences, Dr. Feng went on to pursue post-doctorate research in Dortmund University, Germany.

Dr Feng has received numerous awards for her contributions to the society such as the May 4th Prize in the financial industry and the Kangcheng Award. She has also been elected as an Eisenhower Fellow. She has also been featured in several media such as China Insurance News, Beijing Television, various papers and New Economic Weekly.

Prof Bertil Andersson

Board Member


A plant biochemist of international reputation, Professor Bertil Andersson is the 3 rd President of Nanyang Technological University, Singapore. During his stint from 2011 to 2017, he has led the university to global distinction, rapidly rising through the ranks to emerge as one of Asia’s top universities.

Prof Andersson has a longstanding association with the Nobel Foundation. He was a member of the Nobel Committee for Chemistry (1989-1997) and its Chairman (1997). He was also a member of the Nobel Foundation (2000-2006) and held the position of the Trustee (2006-2010). He holds academic appointments as Professor of Biochemistry at Linköping University and Adjunct Professor at Umeå University. He is also a visiting Professor and a Fellow of Imperial College London.

Prof Andersson has served on the boards of several Swedish and international foundations and learned societies, and an advisor to business activities in the biotechnology and pharmaceuticals sector. In Singapore, he serves on the Governing Board of the Singapore Centre on Environmental Life Sciences Engineering, and is a board member of A*STAR Singapore.