What Happened?
Monterey, CA-based Capital Insurance Group has Promoted Radhakrishna Mydam as Chief Information Officer
About the Company
Capital Insurance Group® (CIG) is the leading regional property and casualty insurer serving the Western United States. Since 1898, CIG has been dedicated to serving and protecting our communities by partnering with local Independent Insurance Advisors, supporting local charities, and hosting community-focused events. The relationships we establish with our clients allow us the opportunity to build lifelong partnerships and provide services our clients have come to count on. CIG is rated “A” Excellent by A.M. Best for our long-term financial strength and stability as a top Property/Casualty writer. CIG is committed to building strong relationships with our customers and communities by providing appropriate insurance protection, professional advice, and caring, responsive service.
About the Person
Radhakrishna Mydam's promotion to the role comes after he led several IT rollouts at Capital, including a paperless conversion in underwriting, a move to a virtual work environment, and early work on a policy administration revame that will begin this year. He also led development of the company's mobile application, which launched last May. With more than 23 years of experience in the technology industry, Mydam has held project leadership, software engineering, and consulting roles with various organizations, including SPM Instruments, IBM Global Services, John Hancock, the Robert H. School of Business, and the Norfolk & Dedham Insurance Group. Later, during his employment at Liberty Mutual, he was involved in the development and deployment of a number of significant projects covering loss control, financial management, policy administration, and customer engagement systems, as well as business applications. He received his undergraduate and graduate degree in Engineering while in India. He received his MBA in Private Equity and Venture Capital from the University of New Hampshire. He also holds the designation as a Six Sigma Yellow Belt.
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