Luyang Fu
About Luyang Fu
Luyang Fu serves as the Vice President of Pricing and Predictive Analytics at The Cincinnati Insurance Companies, where he has worked since 2018. He has extensive experience in predictive analytics, having previously held leadership roles at The Cincinnati Insurance Companies and State Auto Insurance.
Current Role at The Cincinnati Insurance Companies
Luyang Fu serves as the Vice President of Pricing and Predictive Analytics at The Cincinnati Insurance Companies. In this role, he has been responsible for leading the integration of predictive analytics into the pricing strategy across multiple business units. His tenure in this position began in 2018 and has continued for six years. Fu's leadership has been pivotal in enhancing the company's pricing strategies through advanced analytics.
Previous Experience at The Cincinnati Insurance Companies
Prior to his current role, Luyang Fu held the position of Vice President and Department Head of Predictive Analytics at The Cincinnati Insurance Companies from 2014 to 2018. He initially joined the company as the Assistant Vice President and Department Head of Predictive Analytics from 2011 to 2014. During his time with the company, he played a key role in transforming the analytics team into a strategic partner for various departments, including claims and operations.
Experience at State Auto Insurance
Before joining The Cincinnati Insurance Companies, Luyang Fu worked as the Director of Predictive Modeling at State Auto Insurance from 2006 to 2011. In this role, he focused on developing predictive modeling strategies that supported the company's operational goals and enhanced its analytical capabilities.
Educational Background
Luyang Fu has an extensive educational background in finance and economics. He earned a Ph.D. in Agricultural and Consumer Economics from the University of Illinois Urbana-Champaign, where he studied from 1998 to 2002. He also holds a Master's degree in Finance from Gies College of Business at the University of Illinois Urbana-Champaign, achieved from 2001 to 2002. Additionally, he completed his Master's degree in Economics and a Bachelor's degree in Marketing and Economics at Renmin University of China.
Contributions to Advanced Pricing Models
In his roles, Luyang Fu has been instrumental in developing advanced pricing models that have enhanced The Cincinnati Insurance Companies' competitive edge in the insurance market. His expertise in predictive analytics has allowed the company to leverage data-driven insights for improved pricing strategies.