In an industry notorious for being slow to modernize, Gu Xie is on a mission to innovate, fast. Gu leads a team of four at insurance holding company Group 1001, focusing on the annuities side of the business.
“The insurance industry is old school, on-prem, slow to react,” says Gu. “Because Group 1001 is a technology-first, forward-thinking organization, we’re trying to foster innovation and bring new modernization approaches to the insurance industry to fundamentally transform it.”
That transformation is off to a trailblazing start. By modernizing Group 1001’s data stack with Snowflake, Fivetran, and Coalesce, Gu says his team’s productivity is up 10x, now able to go from idea to insight in just two days, compared to as long as three months with the company’s old legacy solutions.