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Gaétan Veilleux joins Valen Technologies as Senior Director of Predictive AnalyticsNovember 4 | Valen Technologies
For Immediate Release Gaétan Veilleux joins Valen Technologies as Senior Director of Predictive Analytics
Veilleux appointment continues Valen’s executive team expansion
DENVER, Colo., November 4, 2008 – Valen Technologies, the Software-as-a-Service predictive modeling experts for the property and casualty (P&C) insurance industry, announced today that Gaétan Veilleux has joined the company as Senior Director of Predictive Analytics. Veilleux’s appointment continues Valen’s senior management team expansion which includes the recent additions of David West and Greg Penn. In his new position, Veilleux will report to Dan Bankson and he will lead the company’s predictive modeling efforts. With 17 years of property and casualty industry experience, Veilleux spent 12 years in actuarial roles and is a recognized expert in Predictive Modeling, specifically in the development and deployment of predictive models for the insurance industry. Prior to joining Valen, Veilleux was most recently a Senior Consultant with Watson Wyatt, a leading global consulting firm. While with Watson Wyatt, Veilleux was heavily involved in predictive modeling initiatives related to insurance rating, underwriting, and portfolio management. Earlier in his career, Veilleux spent six years with Safeco Insurance as well as five years with other insurers. “Gaétan offers the rare and perfect combination of insurance actuarial and predictive modeling experience; an ideal skill set for Valen Technologies and our growing insurer client family,” commented Valen’s SVP Predictive Analytics, Dan Bankson. “As the insurance industry has come to better understand the power and potential of predictive analytics and modeling technologies, we’ve seen the adoption rate rapidly gain momentum. Recruiting the best and brightest in insurance predictive modeling talent like Gaétan’s is part of our strategy to respond to the growing industry demand for Valen solutions.” Veilleux is also the President of the Casualty Actuaries of the Northwest, a fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries. In addition to his professional experience and affiliations, Veilleux holds a B.A. from the University of Miami. About Valen Technologies Valen Technologies builds, hosts and monitors predictive models for the property and casualty insurance industry. Valen offers hosted predictive modeling solutions that improve underwriting results and optimize the premium audit process. Valen’s experts use their client’s data as well as the Valen Networks database of historical underwriting data to build the industry’s most
PR Contact: David West Sr. VP, Marketing 800-280-3304
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