Pushing the Innovation Pedal in a Conservative Industry
2:40 - 3:10 | Thursday, May 23
Deeply integrating data and analytics into a company’s DNA is no longer optional, but foundational to its success. However, institutionalizing analytics in an established company or industry with a long history, has its own unique set of challenges. Beyond just building up data sets, predictive analytic capabilities and technology infrastructure, analytic leaders must influence and shift a company’s culture to one that deeply embraces analytics.
Eric Huls, Chief Data and Analytics Officer at Allstate Insurance, will discuss the critical importance of fostering an analytics-driven culture to drive innovation and re-shape the future of legacy companies and conservative industries.
Eric will also address topics such as:
- What stops established companies from fully adopting analytics
- The right and wrong way to drive analytic adoption and disrupt long-held beliefs
- Tips to re-build a company’s culture with analytics at its core
Chief Data and Analytics Officer, Allstate Insurance Company
As Chief Data and Analytics Officer for the Allstate Insurance Company, Eric Huls leads the Data, Discovery and Decision Science (D3) organization, which is responsible for developing and applying sophisticated analytics-based solutions across the enterprise in support of the company’s business strategies. In 2016, he led the integration of key enterprise-level data and analytics teams into the current D3 team structure, which is aligned to business functions across the company.
Since joining Allstate in 2000 as an actuarial pricing analyst, Eric has assumed leadership roles of increasing responsibility, first within the Product Operations organization as field product manager in Allstate’s Capital Region, and later when he was promoted to Vice President of Rating Plan Design, Modeling and Analytics for Allstate’s Quantitative Research and Analytics organization in 2011. In this role, he led the strategic direction of developing and overseeing innovative rating plans to fuel Allstate’s personal lines growth and profitability.
Eric holds a bachelor’s degree in Accounting and Statistics from Washington University in St. Louis. He is a Fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries.