Guidewire Software, Inc. (NYSE:GWRE), provider of the industry platform Property and Casualty (P&C) insurers rely upon, today announced the addition of Paul Y. Mang to the company’s leadership team. Paul will bring his wealth of industry expertise to the newly created role of General Manager, Guidewire Analytics and Data Services (ADS). ADS is a newly created business unit comprised of the Cyence Risk Analytics, Predictive Analytics, and Live Analytics product teams.
Paul joins Guidewire from Aon plc, a leading global professional services firm providing a broad range of risk, retirement, and health solutions, where he served as the Global CEO of Analytics for the enterprise. Prior to Aon, Paul was a Partner at McKinsey & Company and a leader in its North American Financial Services group.
“This is an exciting time to be in the insurance industry and at Guidewire,” said Paul Y. Mang, general manager, Analytics and Data Services, Guidewire Software. “Guidewire has the vision and expertise to support the industry as it addresses today’s complex risk challenges and opportunities. I look forward to working with our customers as they innovate and leverage analytics to deliver more value to their clients.”
“As in every industry, insurers are both excited and anxious about the possibilities in data, but they are very challenged in capturing the benefits — and fending off new competitive attacks — because of the technology and data science skills required,” said Marcus Ryu, chief executive officer and co-founder, Guidewire Software. “With the creation of the ADS business unit and the recruitment of Paul to lead it, we are uniquely well equipped to harness new data sources at Internet scale and apply new analytic techniques to visualize and mine data for predictive insight. The goals of this new unit complement our long-standing mission to enable insurers to transform their operations through new digital experiences and the replacement of their legacy core systems.”