Bermudian re/insurance group AXIS Capital Holdings has announced the appointment of Govind Balu as Chief Analytics Officer.
Balu will be tasked with leading AXIS’ data and analytics initiatives globally, as well as the company’s Analytics Center of Excellence, which partners with teams across the organisation to apply digital solutions to AXIS’ business.
He joins AXIS from Allstate Roadside Services, where he most recently served as Chief Data and Analytics Officer.
In this role, he was responsible for Allstate’s data analytics strategy, leading its analytics teams, and implementing digital capabilities to improve the company’s overall operations.
“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),” he explained.
“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.”
Prior to Allstate Roadside Services, Balu worked at both Walgreens Corporation and Bank of America, where he held senior data analytics roles.
Gesick continued: “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.”