After Frank Giaoui suffered devastating damages in a legal case, he discovered the unscientific and judicial uncertainty in damages compensation. To pursue the subject further, he started a personal journey in 2012 of legal, data, and computer science research & development between Columbia University and La Sorbonne. In 2020, he founded the insurtech Optimalex with Jòan Gondolo, Luv Aggarwal, and Philippe Lachkeur, to usher in a new paradigm of rationality, consistency, and fairness in insurance claims adjusting and risk management by pioneering new techniques in claims predictive analytics.
Frank Giaoui is an academic and entrepreneur. He has advised corporations and negotiated contracts since 1986 with Bain and Company, Oliver Wyman, Kingfisher PLC, and then his own boutique investment bank Hera Finance. He was a co-founder of Apollo Invest (VC Fund) and a shareholder of Liberty Surf and MediMania (internet pioneers in Europe). Additionally, after receiving an MBA from Essec Business School and a PhD from La Sorbonne Law School, he has served as a visiting professor at University of Lorraine (in law and economics) and, most recently, graduated Doctor of the Science of Law (JSD) from Columbia University. He is based in New York City.
Co-founders Jòan Gondolo, Luv Aggarwal, and Philippe Lachkeur are respectively PhD researcher teaching fellow at La Sorbonne Law School, MS in Computer Science from Columbia School of Engineering and MBA at University of Chicago Booth School of Business, and MS in Engineering and Data Management.