Srinivasa will join the company from Verisk Analytics where he
serves as SVP, chief data and insurance information officer
ERIE,
Pa., March 16, 2022 /PRNewswire/ -- Erie
Insurance (NASDAQ: ERIE) today
announced that Parthasarathy "Partha" Srinivasa has been named the
company's next executive vice president and chief information
officer (CIO), effective April 4.
Srinivasa comes to ERIE from
Verisk Analytics, one of the world's largest data analytics firms
with customers in the insurance, financial services and energy
sectors. At Verisk, he served as senior vice president and chief
data officer (CDO), responsible for the company's insurance segment
data and technology as well as enterprise-wide data and analytics.
Prior to Verisk, he held multiple technology leadership roles as a
global CIO and CTO at companies including Zurich Financial
Services, Tokio Marine HCC, Farmers Insurance and Safe Auto. His
appointment at ERIE follows the
December 2021 retirement of
Bob Ingram, who served in the CIO
role at ERIE for more than nine
years.
ERIE President and CEO Tim
NeCastro said Srinivasa is a highly respected IT executive
with deep experience in the insurance and financial services
sector.
"I look forward to welcoming Partha to the ERIE Family and building on the momentum Bob
and our IT leaders have established," said NeCastro. "His
experience is a great match for where we want to go as an
organization and the critical role technology plays in getting us
there."
Srinivasa will report to NeCastro in the CIO role and become a
member of the company's executive council. He brings more than 25
years of IT experience to ERIE's
executive team, including insurance expertise in platform
modernization across multiple legacy systems, digital
transformation, cloud strategy and development, innovative
technology solutions for claims support, talent upskilling and
customer analytics and insights.
"Equally important, Partha's approach and demeanor are a great
fit for ERIE's distinct culture
and commitment to service," added NeCastro.
Srinivasa began his career in technology consulting before
transitioning to the financial services and insurance industry. He
has also earned global industry recognition, including being named
a Top 10 Global CIO in 2015 and Top 10 CTO in the world in
2013.
A native of India, he earned a
master's degree in management from the Indian
Institute of Technology in Madras,
India and a bachelor's degree in engineering from Annamalai
University, India.
About Erie Insurance
According to A.M. Best Company, Erie Insurance Group, based in
Erie, Pennsylvania, is the 12th
largest homeowners insurer, 13th largest automobile insurer and
13th largest commercial lines insurer in the United States based on direct premiums
written. Founded in 1925, Erie Insurance is a Fortune 500 company
and the 16th largest property/casualty insurer in the United States based on total lines net
premium written. Rated A+ (Superior) by A.M. Best, ERIE has more than 6 million policies in force
and operates in 12 states and the District of Columbia. News releases and more
information are available on ERIE's website at www.erieinsurance.com.
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SOURCE Erie Indemnity Company