NEW YORK–(Business WIRE)–New York Daily life, America’s largest1 and most admired2 mutual everyday living insurer, these days introduced that Monthly bill Cassidy, senior vice president, will think the position of chief information officer (CIO), effective March 31, 2021. Mr. Cassidy will oversee company engineering, targeted on continuing the company’s strong motivation to and investment in engineering, and on driving solutions that gain New York Life’s prospects, financial pros, and employees. He will report to Alex Cook dinner, senior vice president and head of strategic capabilities, and succeeds Dave Castellani, senior vice president and organization facts officer, who will retire at the end of this thirty day period.
“Bill’s amazing track report as a technological innovation leader positions him properly to align our company and engineering priorities and carry on to enhance our information technology abilities and infrastructure, delivering ground breaking remedies to New York Life’s clients, financial gurus, and employees,” stated Mr. Cook. “We thank Dave for his 10 years of distinguished company to New York Lifetime main the team’s transformation to a enterprise-led technological know-how group and creating a robust foundation on which Invoice and the staff will go on to develop.”
Prior to assuming the CIO posture, Mr. Cassidy served as senior vice president and head of shared expert services technology which incorporated overseeing company computing providers, business architecture, organization details, information and facts security, electronic, and technological know-how approach setting up. He joined New York Existence in 2018 as CIO of investments know-how, dependable for furnishing technology remedies to New York Life Investments.
Just before joining New York Life, Mr. Cassidy served as chief facts officer for Och-Ziff Money Administration, a publicly traded substitute asset administration business, where he was liable for all world wide technologies together with enterprise struggling with software improvement and integration as nicely as the firm’s global technical infrastructure. He formerly held roles of escalating responsibility at BlackRock, Western Asset Administration, and Goldman Sachs.
Mr. Cassidy earned a bachelor’s diploma in Computer system Mathematics from Very long Island University–Southampton Campus.
ABOUT NEW YORK Everyday living
New York Existence Coverage Company (www.newyorklife.com), a Fortune 100 enterprise founded in 1845, is the biggest mutual everyday living insurance firm in the United States* and one of the premier life insurers in the planet. Headquartered in New York Metropolis, New York Life’s spouse and children of companies offers everyday living insurance policy, retirement money, investments and extended-term treatment insurance plan. New York Everyday living has the best financial strength ratings at this time awarded to any U.S. everyday living insurance company from all 4 of the big credit score companies**.
New York Everyday living Team Profit Answers solutions and services are supplied exclusively by or by way of Existence Insurance coverage Business of North America or New York Lifetime Team Insurance policy Corporation of NY, previously known as Cigna Daily life Coverage Company of New York (New York, NY), or by or by affiliate marketers or subsidiaries of Cigna Company. Lifestyle Insurance Organization of North The us is not licensed in New York and does not carry out insurance policies enterprise in New York.
*Based mostly on earnings as reported by “Fortune 500 rated inside of Industries, Coverage: Lifestyle, Overall health (Mutual),” Fortune magazine, 5/18/2020. For methodology, be sure to see http://fortune.com/fortune500/.
**Particular person impartial rating agency commentary as of 10/15/2020: A.M. Best (A++), Fitch (AAA), Moody’s Buyers Services (Aaa), Normal & Poor’s (AA+).
Based on income as noted by “Fortune 500 rated in Industries, Coverage: Existence, Wellbeing (Mutual),” Fortune magazine, 5/18/2020. For methodology, please see http://fortune.com/fortune500/.
As noted by “Fortune 2021 World’s Most Admired Providers position within just Insurance policy (Everyday living and Well being),” Fortune magazine, 2/1/2021. For methodology, be sure to see https://fortune.com/franchise-record-page/methodology-worlds-most-admired-businesses-2021/.