Euler Hermes Digital Agency (EHDA) has established a presence in the UK with the appointment of Raphael Caruso as head of the innovation lab for Northern Europe.
Based in London, Caruso will assist Euler Hermes to prototype, develop and test new propositions and identify startups in the trade credit insurance and trade finance space.
Prior to joining Euler Hermes, Caruso was strategy and fintech manager at Direct Line Insurance Group, where he ran the group’s fintech investment and partnership strategy and worked on innovation projects.
Before joining Direct Line in 2014, he worked in investment banking as an equity research analyst covering the European insurance sector.
EHDA was launched in Paris in June 2015 and aims to partner with data scientists, online business marketplaces, supply chain finance providers and alternative lenders to better manage credit risk.