AXIS Names Govind Balu Chief Analytics Officer

Balu will lead a range of initiatives including the implementation of advanced analytic modeling techniques such as machine learning and AI.

(Image credit: Adobe Stock.)

Eric Gesick, Chief Underwriting Officer, AXIS Capital.

AXIS Capital Holdings Limited (Pembroke, Bermuda), a global provider of specialty lines insurance and treaty reinsurance, has announced that Govind Balu has joined the Company as Chief Analytics Officer. In this role, Mr. Balu is responsible for leading AXIS’ data and analytics initiatives globally. He will also lead the Company’s Analytics Center of Excellence, which partners with teams across the organization to create and apply digital and data-focused solutions to AXIS’ business.

“Govind’s hiring is an important part of AXIS Capital’s overall innovation strategy,” comments Eric Gesick, Chief Underwriting Officer, AXIS Capital. “He will lead a range of initiatives including the implementation of advanced analytic modeling techniques such as machine learning (ML) and artificial intelligence (AI). These initiatives will bring the transformation into our business model to accelerate underwriting and claims operations, drive digital transformation, differentiate AXIS and enhance our customer engagement and experience.”

Seasoned Leader in Financial Services

Govind Balu, Chief Analytics Officer, AXIS Capital Holdings Limited.

“Govind is a seasoned leader in the financial services industry who brings more than 25 years of experience in data analytics, data strategy, business intelligence, and data management,” Gesick adds.

Balu was most recently Chief Data and Analytics Officer for Allstate Roadside Services (Northbrook, Ill.). There, he was responsible for company’s data analytics strategy, building and leading high performing data analytics teams, and implementing analytical capabilities to improve overall company operations, digital transformation, and expand the business growth. Prior to joining Allstate Roadside Services, Balu worked at both Walgreens Corporation and Bank of America, where he held senior data analytics roles.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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