Kyle Schmitt has been hired as managing director of the Global Insurance Practice at J.D. Power. He is based in Chicago.
He will report directly to Keith Webster, senior vice president and general manager, Global Financial and Service Industry Division.
Schmitt will manage the growth strategy for the Global Insurance Practice by managing a team of talented practice leaders and working closely with sales, marketing, analytics and research groups.
Finally, Schmitt, who worked as a leading director of the Business Strategy at the key operations units of State Farm Insurance Companies, spent his career focusing on growth, market strategy and corporate finance solutions. Prior to the State Farm, Schmitt was in charge of M & A, the Vice President of Investment Strategy, of the M & A insurance companies in Barclays, London. This company advised the board of directors on global strategy and market strategies, agreement structuring, risk management and valuation optimization.
J.D. Power is a global supplier for consumer analytics, consulting services, data and analytics. Founded in 1968, J.D. Power is located in Costa Mesa, California and has offices in North / South America, Asia Pacific and Europe. J.D. Power is a portfolio company of XIO Group, a global alternative investment and private equity firm based in London, managed by four founder Athene Li, Joseph Pacini, Murphy Qiao and Carsten Geyer.
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