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Sunday, December 08, 2024
Doug Caccese | president of personal lines underwriting at Verisk | Fintech Finance

About Doug Caccese

https://www.verisk.com/
Doug Caccese is co-president of Underwriting Solutions at Verisk, leading the company’s Domestic Underwriting Solutions, International Underwriting, Marketing Solutions, and Underwriting Solutions Sales departments. His teams leverage deep proprietary data assets, high-quality analytics, and generative AI with modern technologies that lead the industry in coverage and currency. Doug Caccese helps drive the insurance industry’s digital transformation through his focus on finding the best mix of analytic innovations while ensuring fairness at the forefront of modeling and rating. He also delivers growth through contributing to strategic acquisitions that deliver unique, differentiated value to customers. His contributions have positioned Verisk to offer data-driven personalized marketing for insurance carriers, expanded Verisk’s robust auto analytics, and helped Verisk expand into the Canadian property insurance market. Doug joined Verisk in 2015 as vice president of operations, where he structured a shared operational group focused on efficiency and productivity gains. Before joining Verisk, he served in operations, product management, sales, IT, and underwriting roles over two decades in the insurance industry, driving innovation and value to insurtechs and major carriers. Doug has won the Distinguished Project Award from the Project Management Institute and is skilled in Lean Six Sigma. He holds a BA in psychology from West Chester University of Pennsylvania. Doug Caccese volunteers with New City Kids, an organization that offers after-school programs for low-income youth, and has been a member of the customer experience board of Rutgers University since 2018. He also sits on the board of Vexcel Imaging. * Highly motivated and experienced executive skilled in orchestrating business, financial, and growth strategy, for major enterprise corporations, with focused subject matter expertise developing emerging technologies aligned with the needs of the insurance industry * Offers a demonstrated record of results in a complex business environment. Skilled in financial analysis, executive management, relationship building, product management, and process improvement. Currently manages a large P and L business portfolio representing high margin growth. * Visualizes broad situations and executes focused strategies through exceptional leadership, with a command of the details necessary to ensure the successful resolution of complex issues. Skilled in quick-thinking and devising creative solutions to complex problems, capturing increased efficiency and productivity Areas of Expertise: * Executive Leadership * Insurance Industry * Workforce Management * PMO Development * Lean Six Sigma * Operational Excellence Career Achievements: * Verisk Analytics - Leads innovation in rating and underwriting products for the personal insurance industry. Directs an organization with continued high EBITDA growth as a result of successful organic and inorganic focus. * Farmers Insurance - Executed projects including product, operations, pricing, sales, and customer service efforts providing management and guidance to the organization for on time, on budget, and within scope delivery. Launched enhanced Auto and Property products to achieve increased profits * 21st Century Insurance - Delivered improvements in process automation, cost containment, sales conversions, and customer retention. Directed the consolidation of three organizations, divesting from a parent company, and integration into a purchasing company within a 90-day period

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