Specialty and treaty re/insurance provider AXIS Capital has appointed Govind Balu as chief analytics officer.
Balu has over 25 years of experience in the financial services industry, particularly in data analytics, data strategy, business intelligence, and data management.
He moved to AXIS from Allstate Roadside Services, based in Chicago, where he served as chief data and analytics officer. He was responsible for Allstate's data analytics strategy, building data analytics teams, and implementing analytical capabilities. He has also held senior data analytics roles at Walgreens Corporation and Bank of America.
Balu will continue to be based in Chicago, and will be responsible for leading AXIS' data and analytics initiatives globally and will also lead its analytics center of excellence, which partners with teams across AXIS to create digital and data-focussed solutions.
“Govind’s hiring is an important part of AXIS Capital’s overall innovation strategy,” said Eric Gesick, chief underwriting officer at AXIS Capital.
“He will lead a range of initiatives including the implementation of advanced analytic modeling techniques such as machine learning (ML) and artificial intelligence (AI). These initiatives will bring the transformation into our business model to accelerate underwriting and claims operations, drive digital transformation, differentiate AXIS and enhance our customer engagement and experience”
AXIS Capital, Appointment, Govind Balu, Technology, Bermuda