Brad Purnhagen
About Brad Purnhagen
Brad Purnhagen serves as the Head of Breakthrough Innovation at The Cincinnati Insurance Companies, where he focuses on developing insurance products that address evolving customer needs. He has a background in financial analysis and risk management, with experience in leading strategic innovation initiatives.
Work at The Cincinnati Insurance Companies
Brad Purnhagen has held multiple roles at The Cincinnati Insurance Companies since 2016. He began his tenure as a Risk and Strategy Analyst, where he worked for three years. In 2019, he transitioned to the role of Strategic Innovation Lead, serving in this capacity for another three years. In 2022, he was appointed as the Head of Breakthrough Innovation, a position he currently holds. In these roles, he has contributed to the development of innovative insurance products and strategies that align with market demands.
Education and Expertise
Brad Purnhagen completed his education at Miami University, where he earned a Bachelor’s degree in Finance from 2001 to 2005. He also attended Oak Hills High School from 1997 to 2001. His academic background supports his expertise in financial forecasting and analyzing financial statements. Purnhagen specializes in design thinking, lean startup methodologies, and human-centered design, which are integral to his current role in innovation.
Background
Brad Purnhagen's professional journey began at The Cincinnati Insurance Companies, where he has accumulated significant experience in risk management and strategic innovation. His work has focused on risk identification and quantification, which are essential for developing effective insurance products. His roles have involved leading teams to create infrastructure that translates market opportunities into viable products.
Achievements
In his current role as Head of Breakthrough Innovation, Brad Purnhagen leads initiatives aimed at creating insurance products that address both current and future customer needs. His leadership in strategic innovation has positioned him as a key figure in the development of marketable products that leverage design thinking and lean startup principles.