Rajiv Matta
About Rajiv Matta
Rajiv Matta serves as the Managing Director of Emerging Markets at Millennial Specialty Insurance, bringing extensive experience in insurance product development and risk management. He previously held leadership roles at Assurant and has a strong background in technology-driven insurance solutions.
Current Role at Millennial Specialty Insurance
Rajiv Matta serves as the Managing Director for Emerging Markets at Millennial Specialty Insurance since 2022. In this role, he focuses on expanding the company's presence in emerging markets, leveraging his extensive experience in the insurance sector. His responsibilities include developing strategic initiatives and innovative insurance solutions tailored to meet the needs of diverse markets.
Previous Experience at Assurant
Rajiv Matta held multiple positions at Assurant, including Vice President from 2019 to 2022, Vice President of Private Flood from 2016 to 2019, and Director of Risk Management from 2014 to 2016. During his tenure, he developed a private flood insurance product suite and managed the International Property & Casualty portfolio across 12 countries, showcasing his expertise in risk management and product development.
Education and Academic Background
Rajiv Matta earned a Master of Business Administration from the University of North Carolina at Chapel Hill - Kenan-Flagler Business School from 2009 to 2011. He also holds a Master of Science in Environmental Engineering from Clemson University, completed from 2003 to 2005, and a Bachelor of Engineering in Chemical Engineering from the University of Mumbai, achieved from 1999 to 2003.
Innovations in Insurance Solutions
Rajiv Matta has a strong background in technology-driven insurance advancements. He invented two patent-pending insurance solutions that utilize machine learning and predictive modeling. Additionally, he created a parameter-based gap coverage for commercial properties, demonstrating his commitment to addressing specific market needs through innovative insurance products.
Early Career and Research Experience
Rajiv Matta began his career as a Graduate Research Assistant at Clemson University from 2003 to 2005. He later worked at Wood as a Project Manager/Supervisor from 2005 to 2012 and at Tokio Marine & Nichido Fire Insurance as a Senior Quantitative Risk Modeler from 2012 to 2014. These roles provided him with a solid foundation in project management and quantitative risk modeling.