Verisk, a global data analytics and technology provider, has named Chris Sawford Managing Director of Claims for the United Kingdom.
Sawford will lead strategic initiatives that can help insurer claims teams boost automation, increase efficiency and contain costs as they continue to face persistently high inflation and supply chain disruption.
He co-founded Validus-IVC, a top provider of claims management solutions in the UK, which Verisk acquired in 2018. In the same year, he joined Verisk in 2018 as a Strategy Director, a role he held for over four years before his new appointment.
Maroun Mourad, President of Claims Solutions for Verisk, commented: “We’re laser-focused on driving operational efficiency and digital transformation for our clients and the global insurance industry.
“Chris’s leadership and ongoing initiatives throughout the business have accelerated our efforts to better support the operational and digital aspirations of our clients in the UK and Continental Europe.”
With claims inflation driving upward pressure on premiums, Verisk claims its automated solutions for personal injury, motor and property claims – as well as subrogation and fraud detection tools – will assist insurers in rapidly resolving claims and managing loss costs.
To strengthen its existing data sets and functionality, the company has acquired a number of European-based businesses.
These include insurance software specialist now known as Specialty Business Solutions, Actineo, which is also an international market leader for the digitalisation and medical assessment of bodily injury claims; and most recently, Mavera, a Sweden-based InsurTech firm with a strong Nordic presence and established client base for its personal injury claims management platform.
“Verisk is uniquely positioned to partner with the insurance industry to address its biggest challenges,“ Sawford said. “I’m incredibly excited about working with our talented, knowledgable and passionate team to help our clients capitalise on the operational opportunities they need to move their business forward in a complex environment.“
