Mercury Insurance, a property and casualty insurer, has appointed Simon Zhang to the newly created position of Chief Data and Analytics Officer, as part of the firm’s ongoing effort to utilize advanced data analytics to drive business growth.
Mercury believes that his leadership will add value to every element of its data science landscape, from predictive analytics and data science, infrastructure and architecture, to data security and compliance.
In the new role, Zhang’s remit will be to harness Mercury’s 60-plus years of data and build systems and processes within the organization to optimise business.
This new position reinforces Mercury’s commitment to seeking out better and more innovative ways to utilize its data assets. It will help the company transform to meet the ever-changing needs of its customers and will provide an important foundation for future success.
Victor Joseph, President and Chief Operating Officer, Mercury Insurance, commented, “This newly created position is the latest in a series of investments Mercury is making to reimagine how we use data and unlock the power of our deep data resources.
“Combining our proprietary data with the kinds of new data technologies that are being developed everyday will help Mercury become an innovative market leader.”
Previously, Zhang served as the Chief Data Scientist at GrowingIO, a company he co-founded.
Zhang added, “Data is only valuable if it’s accessible and relevant. The aim of my team will be to map our data and present it in a way that can be of use to all members of the Mercury team – from product planning and customer service to human capital, marketing and underwriting.”
