Verisk names Gregory and Mican as new PCS leadership

Verisk, the insurance coverage and reinsurance market claims, knowledge and expertise targeted service supplier, has named two new management appointments inside its PCS (Property Declare Providers) enterprise unit, within the wake of the departure of former PCS chief Tom Johansmeyer.

The announcement sees long-standing PCS executives Ted Gregory and Alex Mican stepping as much as assume new roles and share duty for driving forwards PCS operations, product and technique.

As Artemis reported at the beginning of Could, reinsurance dealer Inver Re employed Tom Johansmeyer from Verisk’s PCS unit, to change into the brokers’ new World Head of Index merchandise.

Gregory and Mican every have a decade of expertise at Verisk and between them have pushed lots of PCS’ most vital improvements throughout that point.

This consists of such new product launches as disaster loss reporting for Japan, to specialty traces reporting like marine, vitality, and aviation, in addition to the event of the {industry}’s first cyber insurance coverage publicity platform.

Every will now assume new management roles, offering continuity inside PCS and Verisk, whereas that means it’s enterprise as ordinary for PCS purchasers.

Ted Gregory takes on the position of head of worldwide PCS operations, giving him sole duty for the management of PCS’s property disaster and world loss reporting processes.

Gregory has been at PCS since 2013 as operations supervisor and has performed a key position within the enlargement of PCS property-catastrophe companies to new areas, notably Mexico and the Asia-Pacific area, whereas additionally making certain processes for reporting knowledge in key markets like america are sturdy.

Alex Mican strikes into the position of head of worldwide technique and development for PCS, which can contain main all client-facing exercise, new product and market growth, in addition to turning into the first touchpoint for reinsurance and insurance coverage linked securities (ILS) actions.

Mican has been at Verisk since 2014, initially working as a gross sales growth analyst, then shifting to PCS in 2016.

Since then, Mican has led the event of plenty of new merchandise, together with the worldwide specialty traces knowledge companies – most lately PCS World Aviation.

Aaron Brunko, president of Verisk Property Estimating Options commented, “I’ve admired PCS since my earliest days at Verisk, and it has been a privilege to assist the group’s continued development.

“Alex and Ted are distinctive leaders and innovators, and I sit up for serving to them obtain continued and profound success on this new chapter for PCS.”

PCS is a key supplier of information to the disaster bond, insurance-linked securities (ILS) and industry-loss guarantee (ILW) markets, with its knowledge utilized in triggers and the corporate performing as a reporting and calculation agent for transactions.