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Mercury Insurance Hires Chief Technology Officer to Drive Digital Strategy

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Mercury Insurance Hires Chief Technology Officer to Drive Digital Strategy

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Wilson Pang to Supercharge Technological Innovation Focused on Today’s Modern Customers

LOS ANGELES, March 6, 2023 /PRNewswire/ — Mercury General Corporation (NYSE: MCY), a number one supplier of property and casualty insurance coverage, has appointed Wilson Pang as Chief Technology Officer (CTO) to guide its technological transformation efforts.

Mercury was constructed on innovation when George Joseph – who based Mercury greater than 60 years in the past – remodeled the business with the introduction of segmented pricing for various threat teams. With that entrepreneurial spirit serving as the inspiration for the corporate, Mercury is poised to take a large step into the digital future with the appointment of Mr. Pang as the corporate’s CTO.

“Technological transformation is a major priority for Mercury as we look to technology to help unlock new products and services for our customers,” stated Victor Joseph, Executive Vice President and Chief Operating Officer of Mercury Insurance. “This new position is one of the keys to Mercury’s future success as we transform our business to meet the everchanging 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.”

The CTO place represents Mercury’s emphasis on the significance of technological innovation by constructing high-quality software program and methods utilizing fashionable growth methodologies. The potential to quickly assess, consider and deploy these options will enable the corporate to launch new services that may enhance customer support, simplify agent processes, advance its knowledge science and analytics capabilities, and place Mercury on the forefront of the business’s digital frontier.

As a part of Mercury’s govt management group, Mr. Pang will develop and drive digital transformation methods and will probably be chargeable for overseeing the corporate’s software program engineering and Technology groups. Prior to becoming a member of Mercury Insurance, he served as Chief Technology Officer at Appen, an business chief within the Artificial Intelligence (AI) knowledge area. Mr. Pang constructed Appen’s know-how groups from scratch and developed a number of product strains, which enabled speedy enterprise development. Mr. Pang additionally served in senior management roles at Trip.com group and eBay, the place he led profitable transformations by way of know-how and knowledge.

“The insurance industry is about risk management through data,” stated Mr. Pang. “I chose to work in this business because of my passion for data and my belief that technology, data and AI can have positive impacts on people. It’s my mission to unlock this potential to help make life better for our customers, agents, and team members, and I’m very excited by the opportunities ahead of us.”

About Mercury Insurance

Mercury Insurance (NYSE: MCY) is a multiple-line insurance coverage provider predominantly providing private auto, householders and renters insurance coverage by way of a community of impartial brokers in Arizona, California, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia, in addition to auto insurance coverage in Florida. Mercury writes different strains of insurance coverage in numerous states, together with business, enterprise house owners and enterprise auto, landlord, home-sharing, ride-hailing and mechanical safety insurance coverage.

Since 1962, Mercury has offered prospects with great worth for his or her insurance coverage greenback by pairing ultracompetitive charges with wonderful customer support. Mercury has earned “A” rankings from A.M. Best and Fitch, in addition to “Best Auto Insurance Company” designations from Forbes and Insure.com. For extra data go to www.MercuryInsurance.com or observe the corporate on Twitter or Facebook.

SOURCE Mercury Insurance

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