Verisk appoints new managing director to bolster business efficiency

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Insurance data provider Verisk has appointed Chris Sawford as new managing director of claims for its UK branch. Verisk said that Sawford’s expertise and strategic initiatives will be integral to the firm’s goal of boosting automation, increasing efficiency, and containing costs as the industry continues to face high inflation and supply chain disruptions.

Sawford is an industry expert who co-founded Validus-IVC, a top provider of claims management solutions based in the UK. Validus-IVC was acquired by Verisk in 2018. He is a bachelor of laws graduate from the Nottingham Trent University, as per his LinkedIn page, as well as a holder of a master of business administration degree from the University of East Anglia.

This latest development is part of Verisk’s continued focus on operational efficiency and digital transformation, Verisk president of claims solutions Maroun Mourad said in a news release.

“Chris’s leadership and ongoing initiatives throughout the business have accelerated our efforts to better support the operational and digital aspirations of our clients in the UK and Continental Europe,” Mourad said.

As part of its overall plan to focus on the insurance industry, Verisk has recently offloaded its energy business to Veritas Capital for £2.69 billion.

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