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Jul 06, 2015
New Jersey, New York, Chennai – July 6, 2015 – Intellect Design Arena Limited, a specialist in applying true Digital Technologies across Banking Insurance, announced today that Tony Cid, Former Head of US Middle Market, QBE North America, joins Intellect as Head of Commercial Insurance of its Insurance division, Intellect SEEC.
Cid will be responsible for managing Global Sales for Commercial Insurance and will also provide strategic direction to the Product Management group.
Cid brings extensive experience in Property Casualty with both domestic and multi-national insurers. He has held leadership roles in Underwriting, Distribution, Finance and Operations and has proven expertise in transformations, building and managing successful organizations. He has participated in public offerings and has worked closely with private equity on acquisitions and divestitures.
Commenting on the appointment, Pranav Pasricha, CEO, Intellect SEEC, Intellect Design Arena, said, “We are very excited to have Tony on board. His strong domain experience, vision and strategy will definitely invigorate employee culture, improve customer service, establish underwriting and pricing discipline, focus distribution, streamline system infrastructure and increase efficiencies for our clients. With his deep understanding of international insurance market, multi-national underwriting, distribution, reinsurance and enterprise risk management, Tony will play a strategic role to grow our key Commercial Insurance business in the region.”
Tony Cid, Head of Commercial Insurance, Intellect SEEC said, “I am very pleased to have the opportunity to lead Intellect SEEC’s Commercial Insurance business. With the strong team of dedicated professionals and senior insurance leaders, I look forward to building value and driving profitability by establishing operational excellence and executing multi-faceted business development campaigns designed to improve profit and market share.”