Corgi Appoints Joe Els As Head Of Portfolio Risk

By Amit Chowdhry ● Today at 1:18 AM

Corgi announced the appointment of Johannes “Joe” Els as Head of Portfolio Risk.

Corgi is an AI-native insurance company that is expanding into a broader range of commercial insurance lines.

In his new role, Els will lead Corgi’s insurance portfolio monitoring and risk strategy. His responsibilities will include portfolio risk discipline, reserving, technical pricing, and capital model oversight across the company’s full-stack carrier group.

Els joins Corgi from Policy Expert, where he served as interim Head of Risk and Reserving and led portfolio management and reserving.

Before Policy Expert, Els spent nearly seven years as Head Actuary at Motability Operations, where he led reserve reviews, technical pricing, and capital model calibration.

Els is a Chartered Actuary Fellow with more than 20 years of experience in general insurance.

Earlier in his career, he held actuarial and pricing roles across several insurance organizations. At Allianz, he built the algorithmic logic behind a commercial property owners underwriting platform. At RSA, he priced mid-market, SME, and MGA business. He also managed portfolios at Brit Insurance and its Lloyd’s syndicate and managed medical schemes at Medscheme in Cape Town.

Els joins a growing group of senior insurance industry veterans at Corgi. The company recently named Jeremy Eisemann as Head of Government Affairs and Associate General Counsel after he served in senior roles at the Reinsurance Association of America and Liberty Mutual.

Corgi said the appointments reflect its continued investment in deep insurance expertise as it scales.

Corgi combines proprietary underwriting technology, in-house claims handling, and modern insurance infrastructure with insurance industry experience. The company is focused on helping high-growth businesses secure coverage faster and manage risk more effectively as they scale.

Since its founding, Corgi has raised $374 million and was most recently valued at $2.6 billion.

KEY QUOTES:

“Joe’s experience spanning actuarial science, pricing, reserving, and capital management makes him exceptionally well-suited to support Corgi’s continued growth.”

Nicolas Laqua, CEO and Co-Founder of Corgi

“I am excited to join Corgi at such an important time for the insurance industry. Corgi pairs serious insurance expertise with a fresh approach to how technology and data can improve underwriting, and after two decades in the market, I am excited to help build the portfolio risk discipline needed to support that growth. I look forward to turning complex risk into clear, commercial insight as the company expands into new lines.”

Johannes “Joe” Els, Head of Portfolio Risk at Corgi

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