Reinsurance News

Verisk appoints new senior leaders for PCS

25th May 2023 - Author: Saumya Jain

Verisk has announced that Ted Gregory and Alex Mican will be assuming new leadership roles in the PCS business unit of the organization.

Mican and Gregory are both market veterans each having a decade’s worth of experience at Verisk.

They have also driven many of PCS’s most important innovations during this period, from catastrophe loss reporting for Japan to specialty lines reporting to the development of the industry’s first cyber insurance exposure platform.

Aaron Brunko, the president of Verisk Property Estimating Solutions, commented, “I have admired PCS since my earliest days at Verisk, and it has been a privilege to support the team’s continued growth. Alex and Ted are exceptional leaders and innovators, and I look forward to helping them achieve continued and profound success in this new chapter for PCS.”

Gregory will be the Head of Global PCS operations, his remit will include taking on full leadership of PCS’s property-catastrophe and global loss reporting processes.

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Gregory joined PCS in 2013 as an operations manager and has been instrumental in the expansion of PCS property-catastrophe services to new regions, particularly Mexico and the Asia-Pacific region.

Alex Mican will serve as the Head of Global strategy and growth for PCS. His role will be including leadership of all client-facing activity, new product and market development, and primary touchpoint for reinsurance and insurance-linked securities (ILS) activities.

Mican joined Verisk in 2014 as a sales development analyst, moving to PCS in 2016, where he has led the development of new global specialty lines products – most recently PCS Global Aviation.

Both of these changes follow the departure of Tom Johansmeyer, Senior Vice President and Head of PCS, who returned to the reinsurance market by joining Inver Re. The move to broker Inver Re means that Johansmeyer is actually the first PCS leader to leave for a position in the marketplace.

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