Jersey City-based Verisk on Tuesday announced that Doug Caccese and Saurabh Khemka will serve as co-presidents of Verisk Underwriting Solutions as Neil Spector moves into a strategic adviser role, effective next Tuesday.
The Jersey City-based global data analytics and technology provider said Caccese and Khemka have helped shaped its strategy and operations and developed new businesses that have positioned the company to serve its clients’ evolving needs for easy-to-implement technologies that drive improved performance and enable growth.
Spector will continue to serve Verisk in a strategic adviser role through the year. He has held several sales leadership roles in a diverse set of companies and industries prior to joining Verisk in 2005. Since then, he has held leadership roles of increasing responsibility at Verisk and, in 2017, he was named president of Underwriting Solutions.
Caccese has more than 30 years of experience in the insurance industry, having held leadership roles at insurers including Farmers, 21st Century Insurance and AIG before joining Verisk in 2015. Most recently, he served as president of Domestic Underwriting Solutions for Verisk.
Khemka began his career at the consulting firm Bain & Co. before joining Verisk in 2013. Since then, he has held several leadership roles of increasing responsibility in the Underwriting Solutions group, including president of Core Line Services.
“Doug and Saurabh reflect the deeply experienced, talented and diverse leadership team at Verisk,” Lee Shavel, CEO and president, Verisk, said.
“Neil has a tremendous depth of understanding of the insurance industry and he’s a committed partner to our clients and his colleagues around the world,” Shavel said. “We’re fortunate to benefit from his continued leadership and insight, and we’re thankful for his numerous contributions to the success of our clients and Verisk.”
