Zurich North America, a P&C insurer, appointed Peter Hahn to head of predictive analytics, where he now is responsible for building analytic capabilities intended to generate actionable distinctive risk insights to improve business decisions and performance, the company said.
“One of the cornerstones of Zurich’s strategy is to create a competitive advantage through distinctive risk insights for risk selection and pricing that promotes profitable growth and helps our customers better understand and protect themselves from risk,” said Mary Merkel, chief underwriting officer at Zurich North America. “We are investing to build our Predictive Analytics Center of Excellence to deliver on this strategic priority, and Peter’s appointment is an important step in our multi-year investment,” which is consistent with the strategy Zurich presented in December of prioritizing investments in distinctive positions, particularly in the corporate and commercial midmarket segments in North America.
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Previously, Hahn worked for McKinsey & Company, where he led the underwriting service line for the consulting company’s North America insurance practice and helped P&C carriers apply analytic techniques intended to improve their risk assessment, underwriting and pricing decisions.
Hahn earned his master’s of business administration from the Harvard Business School, and a bachelor of commerce and bachelor of laws degrees from the University of New South Wales in Australia, Zurich said.
