Things To Know About Mercury Insurance
Mercury Insurance is a publically held company founded in 1962 and headquartered in Brea, California. The insurance company holds specialties in auto insurance, home insurance, condo insurance, renters insurance, mechanical breakdown protection, umbrella insurance and business auto insurance. The company has appointed Wilson Pang as Chief Technology Officer (CTO) to lead its technological transformation efforts recently.
Founded by George Joseph more than 60 years ago, the company aims towards a mission of transforming the industry with the introduction of segmented pricing for different risk groups. The company said that with that “entrepreneurial spirit” illuminated as its foundation, it is poised to take a giant step into the digital future with the appointment of Mr. Pang as the company’s CTO.
The initiative is done for the ability to rapidly assess, evaluate and deploy these solutions will let the firm to come up with it’s new products and services. This will leverage up the customer service, agent processes, and statistically ascend data science and analytics capabilities of the platform, and position Mercury at the forefront of the industry’s digital frontier.
Being a part of executive leading team, Mr. Pang will overrule and drive digital transformation strategies and will be responsible for overseeing the company’s software engineering and Technology teams.
What Are The Views Of Leading Members Of The Firm On This Victor Joseph, executive vice president and chief operating officer of Mercury Insurance, said, “Technological transformation is a major priority for Mercury as we look to technology to help unlock new products and services for our customers. This new position is one of the keys to Mercury’s future success as we transform our business to meet the ever-changing needs and desires of our customers. It’s just the first step, however, in the company’s digital journey as we expand and refine our consumer-centric capabilities.”