(Paul Y. Mang, General Manager, Guidewire ADS. Image source: Guidewire.)
Guidewire Software, Inc. (Foster City, Calif.), a provider of insurance platform technology to the property/casualty industry, has named Paul Y. Mang a member of the company’s leadership team carrying out the newly created role of General Manager, Guidewire Analytics and Data Services (ADS). Guidewire describes ADS is a newly created business unit comprising the Cyence Risk Analytics, Predictive Analytics, and Live Analytics product teams.
Mang was most recently Global CEO of Analytics at Aon plc, a London-based global professional services firm providing a broad range of risk, retirement, and health solutions. Prior to Aon, Paul was a Partner at McKinsey & Company (New York) and a leader in its North American Financial Services group.
“This is an exciting time to be in the insurance industry and at Guidewire,” comments Mang. “Guidewire has the vision and expertise to support the industry as it addresses today’s complex risk challenges and opportunities. I look forward to working with our customers as they innovate and leverage analytics to deliver more value to their clients.”
Harnessing New Data Sources at Internet Scale
“As in every industry, insurers are both excited and anxious about the possibilities in data, but they are very challenged in capturing the benefits—and fending off new competitive attacks—because of the technology and data science skills required,” said Marcus Ryu, CEO, Guidewire Software. “With the creation of the ADS business unit and the recruitment of Paul to lead it, we are uniquely well equipped to harness new data sources at Internet scale and apply new analytic techniques to visualize and mine data for predictive insight. The goals of this new unit complement our long-standing mission to enable insurers to transform their operations through new digital experiences and the replacement of their legacy core systems.”