Specialty reinsurance firm Axis Capital Holdings has hired Govind Balu as its new Chief Data and Analytics Officer. In addition to leading the company’s Analytics Center of Excellence, Balu will be responsible for coordinating with Axis Capital’s teams across the globe to produce data-centered business solutions for the company

More on Axis Capital’s new CDO from Insurance Business America:

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

Prior to joining AXIS Capital, Balu served as chief data and analytics officer for Allstate Roadside Services. He has also held senior data analytics roles at Walgreens Corporation and Bank of America.