Insurance and analytics provider, Verisk has appointed Maroun Mourad as President of Claims Solutions.
He will succeed Rich Della Rocca, who is set to retire from Verisk after 27 years at the company, effective July 1, 2022.
Mourad joined Verisk in 2015 as Senior Vice President, Commercial Lines. He then quickly advanced to President, ISO Commercial Lines, in 2017 and then President, Global Underwriting, in 2020.
When Verisk established its new Life & Growth Markets division in underwriting, Mourad was selected to serve as its president.
Verisk adds that over just a few years, Mourad has built a world-class management team and solidified Verisk’s position in the UK general insurance and life, health and travel markets through strategic acquisitions and organic growth.
“We have a deep and talented bench of executives at Verisk, and Maroun was selected from a strong group of diverse internal candidates,” said Mark Anquillare, Verisk president and COO.
“Maroun’s entrepreneurial spirit and customer-centricity will undoubtedly prove valuable in revolutionizing the claims function in support of our customers and for the benefit of the industry.”
Commenting on his new role, Mourad, added: “I couldn’t be more excited to lead our claims organization into the future, building on a rock-solid foundation across our teams, businesses and geographies.
“The claims function is the ultimate customer-facing unit for any insurer. I look forward to exploring ways to further support our customers. One way we’ll do this is by increasing our focus on holistic solutions across process automation, technology and analytics to support this most important function.”
Addressing Della Rocca’s retirement, Anquillare, also added: “Rich helped to build an integrated and increasingly global claims business with solutions for claims fraud detection, property estimating, auto and casualty solutions – with proprietary data and innovative technologies as the foundation. We are grateful for his many contributions and leadership over the years, and we wish him all the best in this next exciting chapter of his life.”
