SAN JOSE, Calif. and TORONTO, Feb. 12, 2018 /CNW/ --Silicon Valley analytics software firm, FICO (NYSE: FICO), today announces that Kevin Deveau has been appointed North American Insurance Practice Lead for Insurance, which covers Life & Annuity (L & A), Health, Property & Casualty (P&C) and Reinsurance. Deveau will also continue overseeing the company's Canadian operations as vice president and managing director of FICO Canada.
In his new role, Deveau will be responsible for strategic business development and growing FICO's footprint in North America's insurance sector. In particular, his leadership will expand FICO's cloud-based decision management and analytics offerings to the insurance industry to deploy faster, high-impact capabilities aimed at enhancing underwriting, claims and customer interaction.
"Kevin is a proven leader with a track record of successfully building businesses, and we are thrilled to appoint him to this new role overseeing FICO's insurance portfolio in North America," said Wayne Huyard, executive vice president of sales, services and marketing at FICO. "His sector expertise in insurance, coupled with his success in helping clients thrive in a competitive market, make Kevin the perfect choice to help industry organizations solve complex business problems with FICO's deep analytics and decision management solutions."
"FICO has been in the forefront of helping businesses in their digital transformations, with analytics-based solutions that improve their operations, security and customer experiences," said Kevin Deveau. "The insurance sector is increasingly adopting cloud-based analytics and decision management solutions that the retail and financial sectors have been utilizing for a while now. Our expertise in analytics software and specifically with artificial intelligence (AI) and machine learning, will enable insurance organizations to help settle claims and mitigate fraud, communicate with policyholders and underwrite risk."
As a leading analytics software company, FICO helps businesses globally make better decisions that drive higher levels of growth, profitability and customer satisfaction. Deveau led FICO's business in Canada for nearly four years, overseeing operations and driving customer growth to include many of the country's largest companies. Deveau has more than 35 years of experience in providing enterprise software solutions to clients in insurance, financial services, health care, retail and government sectors across multiple lines of business globally.
About FICO FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 180 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.