Onur Gungor

Founder & CEO at Allegory App

Onur Gungor has a diverse and extensive work experience. Onur is currently the Founder & CEO of Allegory, a position they have held since October 2019. Prior to founding Allegory, Onur worked as a Head Consultant at OGC Management Inc. starting in June 2019. In this role, they provided management consulting services to firms such as McKinsey and Bain & Company, supporting senior executives as a strategist in market discovery, digitization, and pricing. Onur also built various frameworks including product, automation (AI, ML, RPA), and financial projection (ROI/ROE) frameworks.

Before their role at OGC Management Inc., Onur served as a Senior Product Manager at Zesty, starting in August 2022 and ending in April 2023.

Additionally, Onur has experience in the insurance industry. Onur worked at Onlia as a Product Manager (Underwriting, Pricing, Analytics) from October 2016 to June 2019, where they were part of the founding team and played a key role in building agile product development, pricing, analytics, reporting, and customer insights teams. Onur supported the executive team in launching the insurance company, raising funding, and growing the team from 6 to 40 full-time employees.

Prior to Onlia, Onur worked at Eureko Sigorta as a Product Pricing Actuary from February 2014 to October 2016. In that role, they played a crucial role in increasing revenue from $9 million to $60 million and profitability from a $6 million loss to a $12 million profit in less than two years for the third-party auto liability product. Onur implemented CLV/CEV models to increase net customer lifetime value by 15%.

Onur's earlier work experience includes roles at HDI Sigorta A.S. as an Actuarial Specialist from July 2012 to February 2014 and at HDI Asekuracja as an Actuarial Specialist for a brief period in August 2012 and September 2012.

Overall, Onur Gungor has demonstrated expertise in various areas including consulting, product management, and actuarial analysis, contributing to the growth and success of the companies they have worked for.

Onur Gungor's education history is as follows:

Onur obtained a Bachelor's degree in Economics from Anadolu University, which they attended from 2008 to 2013. Onur then pursued a Master's degree in Financial Markets and Investment Management from Marmara University, where they studied from 2014 to 2016. Prior to that, Gungor attended Hacettepe University from 2008 to 2012, where they studied Actuarial Science within the Faculty of Science. Furthermore, they completed a certification program and became a Member of the Institute and Faculty of Actuaries in 2013. In addition, there is a record of Gungor attending a short-term program in Business Administration at Wyższa Szkoła Bankowa w Gdańsku in 2011.

Location

Toronto, Canada

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Allegory App

Allegory is the first insurance provider that focuses on preventative behavioral insurance provided through digital channels. We believe that insurers should play a huge role in prevention as well rather than taking a reactive approach only. And this can be done by leveraging the true value telematics, IoT, and advanced driver-assistance systems(ADAS) with an on-going basis. If it's done right, it's beneficial for everyone: good drivers to save premium, insurers to reduce loss ratio, and communities to become better and healthier.Allegory uses hundreds of thousands of data points to understand how you drive, how much you drive, where you drive, and what you drive. We combine all these data by using our unbiased artificial intelligence to provide the fairest affordable personalized insurance coverage ever. Moreover, we continuously coach you on how to save more on your premium and warn you real-time to prevent you from the risk around you.Our mission is clear: we want to rewrite the allegory of insurance together.


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Headquarters

Toronto, Canada

Employees

1-10

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