HARTFORD, Conn.--(BUSINESS WIRE)--
The Travelers Companies, Inc. (NYSE: TRV)
today announced that Bruce Gifford has been appointed to the newly
created role of Enterprise Chief Data and Analytics Officer. This will
further strengthen the company’s industry-leading data and analytics
capabilities and advance its innovation agenda. Gifford previously
served as Senior Vice President and Chief Actuary for the company’s Bond
& Specialty Insurance segment while also leading the Enterprise Business
Intelligence & Analytics function.
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Bruce Gifford, Enterprise Chief Data and Analytics Officer, Travelers (Photo: Business Wire)
In his new role, Gifford will be responsible for accelerating the
transformation of data into insights through the use of existing and
emerging technologies, including artificial intelligence tools and
techniques. He will report to Michael Klein, Executive Vice President
and President, Personal Insurance, and Head of Enterprise Business
Intelligence & Analytics, and to Madelyn Lankton, Executive Vice
President and Chief Information Officer, Enterprise Operations and
eBusiness.
“Data and analytics have long been core components of our business and
key competitive advantages for us,” said Klein. “From the development
and delivery of our products and services to the ways we interact with
our customers and distribution partners, data influences the decisions
we make and drives innovation throughout the organization. Bruce’s deep
knowledge of our company and our industry, together with his background
as an actuary, makes him uniquely qualified to take our leading data and
analytics capabilities to the next level.”
“Bruce is a proven leader and has played a significant part in growing
our existing analytics practice,” said Lankton. “Our technology,
operations and business strategies rely on actionable insights from
data, and Bruce will be essential in seamlessly integrating those
insights across the organization.”
Creating this position and appointing Gifford to oversee the practice
will bring a heightened focus to the company’s innovation priorities,
which include: extending the company’s lead in risk expertise; enhancing
the experience for its customers, agents and brokers; and improving
productivity and efficiency.
Gifford has more than 30 years of experience in the insurance industry.
He joined Travelers in 2009, serving as Vice President and Chief Actuary
for Select Accounts until 2012. He is the Chair of the company’s
Analytics Management Committee and is a member of the company’s
Operating Committee. Gifford is a Fellow of the Casualty Actuarial
Society and a member of the American Academy of Actuaries.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV)
is a leading provider of property casualty insurance for auto,
home
and business.
A component of the Dow Jones Industrial Average, Travelers has
approximately 30,000 employees and generated revenues of approximately
$29 billion in 2017. For more information, visit www.travelers.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180221005739/en/
Media:
The Travelers Companies, Inc.
Courtney Garro,
860.277.8719
cgarro@travelers.com
Source: The Travelers Companies, Inc.