Reinsurance News

Former chief claims officers join newly created Verisk Claims Advisory Board

19th January 2024 - Author: Kassandra Jimenez-Sanchez

Verisk, a global data analytics and technology provider, has announced the creation of the Verisk Claims Advisory Board, which will aim to address the ever-evolving needs of claims organisations and to continue delivering cutting-edge solutions and value.

The newly created Board will be comprised of a group of former chief claims officers across the insurance industry who will advise on the company’s development of industry-leading products and solutions.

The wealth of industry experience from the experts on this Board will help Verisk drive the industry forward with the latest in thought leadership and industry-leading products and solutions, the company stated.

Eric Brand has joined the newly created Board alongside Darla Finchum, Grace Hanson, Ken Rosen, and Mike Sieger.

Brand brings with him over three decades of experience leading technology and operations across consumer, commercial, and group benefits lines of business.

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He has held C-Suite roles at insure-techs, niche specialty casualty firms, and Fortune 100 companies. Brand is currently serving as President at Second Horizon Solutions, LLC, where he is focused on advisory, consultancy and working with nonprofits.

Finchum has spent her entire career in the Property and Casualty industry and is currently working as an independent consultant and advisor to the industry focusing on insure-tech companies.

At the same time, she also provides executive coaching to young professionals. Prior to her current consulting and coaching role, Finchum was Head of the Integration Management Office for Farmers Group, Inc.

Hanson has deep experience in the C-suite with start-up insurers, insure-techs and legacy carriers spanning multiple commercial and personal product lines in the US, Bermuda, London and global markets.

Through her career, she has held multiple senior claims executive roles where she embedded digital technology and transformed claims operations leveraging data and analytics including, Hippo Analytics’ first Chief Claims Officer, Global CCO for Hiscox Plc and CCO of Homesite.

Rosen is the president & founder of Rosen Consulting Solutions, LLC, an organisation focused on the Property & Casualty insurance vertical. He is focused on advising senior leaders of companies that support the P&C industry to better serve customers while driving efficiencies and growing revenue.

He has previously served as the Chief Claims Officer of USAA as well as the Executive Vice President and Chief Claims Officer of the Allstate Corporation with full operating and financial responsibility for the company’s P&C auto and property claims organisation.

Sieger has extensive experience and leadership in the automotive insurance industry from over three decades with Progressive Insurance.

He also possesses strong public company executive management experience, as well as significant strategic planning and operational experience. Sieger retired from Progressive in January 2022, where he served as its Claims President since 2015 and currently serves on several Boards.

Commenting on the creation of this new Board, Maroun Mourad, president, Verisk Claims Solutions, said: “At Verisk, we value learning and collaboration as important and effective ways to continue moving the industry forward through value co-creation with customer and ecosystem partners.

“We are excited to begin our work with the Verisk Claims Advisory Board and are confident that through their partnership and ongoing guidance, we will continue to deliver innovative and impactful value-adding solutions that will help meet the ever-changing needs of our clients throughout the entire claims ecosystem.”

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