CIG Announces Two Big Executive Moves in West

Capital Insurance Group named Gray Tyndall as vice president and chief financial officer. CIG also named Radhakrishna Mydam vice president and chief information officer.

Tyndall succeeds retiring Bob Erickson, and he assumes executive responsibilities of controllership, treasury, economic strategy and forecasting, reporting directly to CIG President and CEO Peter Cazzolla.

Mydam also reports to Cazzolla. He will oversee the implementation of IT applications and infrastructure as well as direct strategic technology planning for the company. He replaces former CIO David Todd, who retired in December.

Tyndall has more than 16 years of experience in the insurance industry. He joined CIG in 2008 as the accounting manager, later moving up to controller and assistant treasurer in 2011. Prior to CIG, he was controller and human resource manager for Public Risk Underwriters.

Mydam has more than 23 years of experience in the technology industry. He 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.

Regional property/casualty insurer CIG serves the Western U.S. The company is rated “A” (Excellent) by A.M. Best. CIG manages personal, business and agriculture risks underwritten by its affiliate companies: California Capital Insurance Co.; Eagle West Insurance Co.; Nevada Capital Insurance Co.; and Monterey Insurance Co.