John Foord Analytics announces new chairman

John Foord Analytics announces new chairman | Insurance Business

John Foord Analytics announces new chairman

John Foord Analytics has announced Michael Gallagher, former CEO of Aon Singapore, as the firm's new chairman.

“The evolution of John Foord Analytics to deliver speedier, data driven analysis of asset values for insurance purposes is why I am excited to work with John Foord on this leading-edge change,” Gallagher said on his new appointment.

Greg Dickerson, executive director at John Foord Analytics, said that Gallagher’s 40 plus years in the insurance industry acts as an asset.

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“We are delighted that he too recognises the potential of John Foord Analytics and we look forward to collaborating with him in the development of better solutions to support clients across the insurance spectrum with appropriate reinstatement costs,” Dickerson said.

“We believe that our investment in data analytics and modelling will be of keen interest to owners, brokers, insurers and lenders in the current climate as businesses seek better analysis of their insurance risks and ways to mitigate costs and limit losses.”

John Foord Analytics provides cloud-based data solutions to the insurance sector using machine learning and AI, enabling it to leverage large volumes of cost data to create “sophisticated” models for quicker insights.