COLUMBIA, S.C., June 13, 2012 /PRNewswire/ -- EagleEye Analytics, the leading provider of world class predictive analytics solutions to the property and casualty insurance industry, announced today that it has appointed Mary Hennessy, FCAS, as Vice Chair of its Board of Directors.
Hennessy is a Fellow of the Casualty Actuarial Society. She serves on the Board of Directors of GeoVera Holdings and Global Indemnity Group, Inc., and is serving a one-year member 'at large' term on the CPCU Society Board. She was formerly CEO of GMAC Personal Lines where she restructured operations and led GMAC's successful sale of its Personal Lines operations.
Hennessy has also served as President and CEO of Overseas Partners Ltd., and COO and President of TIG Holdings. Previously, she was Division Vice President and Chief Actuary at American Re Corporation and CEO of Am-Re Service, Inc.
In her role as Vice Chair, Mary will work with EagleEye's strategic clients to help them realize the full business impact of predictive analytics through her own C-level experience of the dynamics of P&C competition in this space.
"Mary's 30 plus years of experience in the P&C insurance industry give her an important perspective which perfectly complements our needs as a growing company," said Roger Burkhardt, President and CEO, EagleEye Analytics. "Mary's understanding of the power predictive analytics can bring to insurance carriers will be very valuable."
According to Hennessy, "There is a real opportunity for insurance carriers to improve their business results using predictive analytics. Many are just scratching the surface of the true capabilities of predictive analytics, particularly when it comes to small commercial lines of business. EagleEye's solutions are truly unique, with proven results in real-time, and I am excited about the opportunity to work with the company as a director to advance its role with carriers and the industry."
Hennessy joins seven other EagleEye directors, including:
- Larry Wilson, Board Chairman, Partner with FirstMark Capital; formerly Chairman, President and CEO of Mynd Corp. (formerly PMSC);
- Larry Lenihan, Founder, CEO and Managing Director, FirstMark Capital;
- Roger Burkhardt, President & CEO, EagleEye Analytics;
- Arun Maheshwari, Founder, CSC India and Fiserv India;
- Mike Gantt, Former Group President, Fiserv;
- Dan Carmichael, Former President and CEO, Ohio Casualty Corp.; and
- Terry Kelaher, Former Vice President and General Manager of Allstate Insurance Company's Specialty Operations Division.
About EagleEye Analytics
EagleEye Analytics provides transformative business solutions to the insurance industry through the application of breakthrough predictive analytics technology. The company's machine learning technology has been customized for the unique requirements of the insurance industry and has been proven to give the best predictive results in over 150 implementations. The firm's customers improve profitability and growth through enhanced real-time decision-making across their entire business; including pricing, underwriting, distribution and marketing. A privately held company, EagleEye Analytics is backed by FirstMark Capital in New York. For more information visit EagleEye Analytics' website at www.eeanalytics.com.
Contact: Sarah Lloyd
SOURCE EagleEye Analytics