Xceedance hires global SVP of technology and digital
Property and casualty insurance technology provider Xceedance has bolstered its cognitive technology and data capabilities with a senior hire.
Praveen Pachaury (pictured) has been appointed senior vice president of technology and digital to lead the technology and digital practice worldwide, drive insurtech innovation, and accelerate digital return on investment for clients.
Pachaury has three decades of experience with Indian and multinational corporations. He previously served at Coforge as the vertical delivery head and P&L leader for insurance. Before that, he was with Computer Sciences (CSC), now known as DXC Technology, as the director of global sourcing and a general manager in the P&C insurance vertical.
Arun Balakrishnan, chairman and chief executive officer at Xceedance, said: “Our mission is to provide industry-leading, digital-first solutions to insurance organisations by bolstering cognitive technology and data capabilities, facilitating co-innovation with clients, and ensuring delivery excellence. We believe that Praveen is the best person to help us deliver on these objectives and further strengthen our competitive position in the market. Praveen is a proven, well-established leader in this field, and we are excited for him to bring his wealth of experience and knowledge to our company.”
Pachaury commented: “I am delighted to lead the high-calibre technology and digital team at Xceedance. We will deliver impactful, insurance-focused core technology and intelligent solutions for our valued clients and the industry. I look forward to working closely with the leadership team and forging strong partnerships with our clients as they navigate their digital transformation journey.”
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