AXIS hires new chief analytics officer from Allstate

Bermuda-based AXIS Capital has hired Govind Balu as chief analytics officer to lead a range of initiatives including the implementation of machine learning and artificial intelligence across the organisation.

Balu joins AXIS from Allstate Insurance where he was most recently chief data and analytics officer for its Allstate Roadside Services business.

In his new role, Balu will be responsible for leading AXIS’ data and analytics initiatives globally. He will also lead the company’s Analytics Center of Excellence, which partners with teams across the organisation to create and apply digital and data-focused solutions to AXIS’ business.

“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.”

Gesick added: “Govind is a seasoned leader in the financial services industry who brings more than 25 years of experience in data analytics, data strategy, business intelligence, and data management.”

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