Simon Zhang
will spearhead effort to unlock Mercury's deep data and analytics
resources to fuel the company's innovation efforts and improve
customer experiences
LOS
ANGELES, Feb. 8, 2024 /PRNewswire/ -- Mercury
Insurance (NYSE: MCY), a leading provider of property and casualty
insurance, has appointed Simon Zhang
to the newly-created position of Chief Data and Analytics
Officer. The hire continues Mercury's ongoing effort to
utilize advanced data analytics to drive business growth, elevate
the carrier's product offerings, and better meet the needs of its
policyholders.
"This newly created position is the latest in a series of
investments Mercury is making to reimagine how we use data and
unlock the power of our deep data resources," said
Victor Joseph, President & COO
of Mercury Insurance. "Combining our proprietary data with the
kinds of new data technologies that are being developed everyday
will help Mercury become an innovative market leader."
As Chief Data Analytics Officer, Mr. Zhang's leadership will add
value to virtually every element of the Mercury data science
landscape – from predictive analytics and data science,
infrastructure and architecture, to data security and
compliance.
Mr. Zhang's mission will be to harness Mercury's 60-plus
years of valuable data and build systems and processes within
the organization to better inform the way the company does
business. As this data becomes more available across Mercury's
teams, the company will discover better and more efficient ways of
doing business. This new position reinforces Mercury's
commitment to seeking out better and more innovative ways to
utilize its data assets. It will help the company
transform to meet the ever-changing needs of its customers and will
provide an important foundation for future success.
"Data is only valuable if it's accessible and relevant. The
aim of my team will be to map our data and present it in a way that
can be of use to all members of the Mercury team – from product
planning and customer service to human capital, marketing and
underwriting," said Mr. Zhang.
Before joining Mercury, Mr. Zhang served as Chief Data Scientist
at GrowingIO, a company he co-founded. Prior to that, he held
a leadership role at LinkedIn, where he served as senior director
of business analytics. Interestingly, Mr. Zhang's career journey
began in the medical field, where he achieved success as a
neurosurgeon performing more than 300 surgeries.
About Mercury Insurance
Mercury Insurance (NYSE: MCY) is a multiple-line insurance
carrier predominantly offering personal auto, homeowners and
renters insurance through a network of independent agents in
Arizona, California, Georgia, Illinois, Nevada, New
Jersey, New York,
Oklahoma, Texas and Virginia, as well as auto insurance in
Florida. Mercury writes other
lines of insurance in various states, including commercial,
business owners and business auto, landlord, home-sharing,
ride-hailing and mechanical protection insurance.
Since 1962, Mercury has provided customers with tremendous value
for their insurance dollar by pairing ultracompetitive rates with
excellent customer service. Mercury has earned "A" ratings from
A.M. Best and Fitch, as well as "Best Auto Insurance Company"
designations from Forbes and Insure.com. For more information visit
www.MercuryInsurance.com or follow the company on Twitter or
Facebook.
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SOURCE Mercury Insurance