Artemis has discovered that Alex Mican, the Head of PCS World Technique and Development at Verisk Claims, is departing the corporate.
We perceive Mican is departing for a brand new function within the {industry} which we’re instructed he begins quickly.
PCS is a crucial supplier of information to the disaster bond, insurance-linked securities (ILS) and industry-loss guarantee (ILW) markets.
This knowledge is utilized in triggers for industry-loss index primarily based reinsurance and retrocession danger switch preparations, with the corporate appearing as a reporting and calculation agent for transactions.
Mican had labored at Verisk since 2014, initially employed as a gross sales improvement analyst, then transferring to the Property Declare Providers (PCS) unit in 2016.
Since then, Mican had led the event of a variety of new merchandise at PCS, together with the worldwide specialty traces knowledge providers – most just lately PCS World Aviation.
In 2023, Mican was promoted into the function of Head of World Technique and Development for PCS.
This place noticed him main all client-facing exercise, in addition to new product and market improvement.
Mican has additionally been the first touchpoint for reinsurance and insurance coverage linked securities (ILS) actions that PCS undertook since taking over the most recent function at Verisk.
We perceive the PCS service won’t be affected, with Ted Gregory, Head of World PCS Operations probably the most senior worker within the unit.
