SX

Shouwen Xu

Mentor at Insurtech NY

Palo Alto, California

Overview 

Shouwen Xu, currently based in Palo Alto, California, serves as the Co-Founder & Chief Product Officer at Amber, where he has demonstrated expertise in product strategy, business development, and fundraising. With a background in Insurtech and experience at notable companies like Metromile and Aon, Xu has a strong track record of cross-functional team leadership and successful go-to-market strategies in the mobility and energy sectors.

Work Experience 

  • Menlo Fellow

    2024 - Current

Menlo Ventures provides capital for consumer, enterprise, and life science technologies from seed to growth stages.

  • Mentor at Insurtech NY

    2024

Insurtech NY provides public events, corporate innovation programs, and competitions for the insurance community.

  • Co-Founder & CPO

    2023 - 2024

    Set the playbook for Amber from day 0, including but not limited to — Establishing company vision (warranty -> repair -> end-of-life), business model, hiring strategy, distribution strategy, product roadmap (both financial product and digital underwriting), all with economics in mind. Drove team efforts accordingly. Worked extensively with EV technicians, experts, ecosystem players to acquire Amber’s core EV industry and Warranty industry knowledge. Built and Launched Amber's first product offering and proved early PMF.

Amber is a financial services company.

  • Chief of Staff

    2021 - 2022

    Relationship building on behalf of founder with LP / GP; Advising Fintech portfolio companies; Scanning Web3 landscape.

Fusion Fund invests in early stage companies with technological and data advantages in industrial, enterprise, and healthcare applications.

  • Co-Founder

    2018 - 2019

    Financial inclusion -- Strategy; Fundraising; B2B business development to acquire LOI.

TomoCredit is a fintech company that focuses on helping young adults build and establish good credit scores.

Raised $139,113,333.00 from Hyphen Capital, Mastercard, Morgan Stanley, Gold House Ventures and Asian Hustle Network (AHN).

  • Ski Instructor

    2018 - 2018

Deer Valley Resort is a ski resort and also provide mountain dining services and lodging

  • Head of actuarial team

    2013 - 2017

    [NYSE: LMND] Built the team from the ground up. Hired and led the cross-functional team of credentialed actuaries and data scientists from Series A - D-II Product launch; Drive Product Strategy (Insurance product, digital underwriting, customer acquisition, LTV, etc.) through data insights; Defined and developed core business metrics and actuarial practice from the ground up.

  • Actuarial Product Manager

    2012 - 2013

    Joined at seed funding stage / stealth mode as one of the first 10 employees.

Metromile is a car insurance company using data science and machine learning to offer drivers new and fairer insurance.

Raised $510,000,000.00 from New Enterprise Associates, ClearBridge Investments, Hudson Structured Capital Management, Mark Cuban, Miller Value Partners and Social Capital.

  • Associate / Consultant

    2009 - 2012

    Led pricing strategy / risk management projects for Fortune 100 clients.

Aon Hewitt is a global provider of pensions, benefits & talent management services.

  • Asset Analyst

    2009 - 2009

    Hedging variable annuities with bonds; Distributed MonteCarlo simulation workload across multiple computers within local network and automated results consolidation and reporting.

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