Praveen Pachaury joins Xceedance
Praveen Pachaury has been appointed senior vice-president of technology and digital at Xceedance, the Bermudian-domiciled global provider of technology and digital solutions, claims services and data and analytical insights to the insurance industry.
In this role, the company said, he will lead the technology and digital practice worldwide, drive insurtech innovation and accelerate digital return on investment for clients.
In addition, leveraging his strong domain expertise across the insurance life cycle, customer segments and product lines, he will provide advisory-led delivery, Xceedance said.
The company said Mr Pachaury joins Xceedance with three decades of diversified experience through his work with Indian and multinational corporations. He previously served at Coforge as the vertical delivery head and P&L leader for insurance, where he scaled up revenue multifold and established it as a core industry vertical.
“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,” said Arun Balakrishnan, the chairman and chief executive of Xceedance.
“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.”
Mr Pachaury said: “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.”