AXIS hires analytics head from Allstate
AXIS Capital Holdings Limited, global provider of specialty lines insurance and treaty reinsurance, announced Govind Balu as its new Chief Analytics Officer.
Balu joined Axis with responsibilities to lead the company’s data and analytics globally. “Govind’s hiring is an important part of AXIS Capital’s overall innovation strategy,” said Eric Gesick, Chief Underwriting Officer at AXIS Capital.
Balu will lead AXIS' Analytics Center of Excellence that partners with organizations creating and applying digital- and data-focused solutions for AXIS’ business.
“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” shared Gesick.
Previous to his new position with AXIS Capital Holdings Limited, Balu worked as the Chief Data and Analytics Officer for Allstate Road Services with responsibilities for the unit’s data analytic strategy, improvement of operations and digital transformation.