Chicago-based TransUnion announced that Mark McElroy has joined the company as the new executive vice president of its insurance business unit.
TransUnion’s insurance business unit provides a range of data and analytic offerings to insurance companies to assist with customer acquisition, underwriting and fraud prevention.
McElroy has 22 years of industry experience. He was previously the CEO and president of the Balboa Insurance Group, a Bank of America company. Prior to his work with the Balboa Insurance Group, McElroy was the senior vice president, loan administration in the global home loans division for Countrywide Financial Corp. McElroy was also previously a senior financial analyst with Glendale Federal Bank.