Swiss Re announced that Pranav Pasricha, currently CEO of Intellect SEEC, has been appointed global head P&C Solutions of Swiss Re’s global Reinsurance Business Unit, effective Aug. 3, 2020.
Pasricha succeeds Eric Schuh, who is leaving Swiss Re to pursue a new challenge outside the group and will be leaving the company towards the end of 2020. In his new role, Pasricha will report to Jason Richards, head Casualty Underwriting Reinsurance, and become a member of the Casualty Leadership Team. Pasricha will be based in Armonk, N.Y.
For the last six years, Pasricha was the CEO of Intellect SEEC, an insurance technology company offering data, machine learning and cloud-based solutions to commercial P&C and life insurance clients globally. Earlier, Pasricha was responsible for strategy, technology and operations for QBE Insurance across Australia Asia Pacific, leading the build-up of its eBusiness capabilities and digital transformation of underwriting and claims. Prior to that he worked in strategy and operations consulting with Booz Allen and A.T. Kearney across high tech, financial services and telecoms.
“In Pranav Pasricha we found a very strong successor to lead our P&C Solutions team. His experience of working in the insurtech environment over the past seven years will be a big asset as we continue to develop new innovative solutions that meet our clients’ needs,” said Jason Richards, head Casualty Underwriting Reinsurance.
“I sincerely regret Eric’s departure and would like to thank him for his exceptional contribution over the past 12 years across various key roles, including head of Business Development for Asia and Head of Investor Relations. I wish him all the best for his private and professional future,” said Richards.
Source: Swiss Re
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