Mr. Coyne will lead State Fund's drive to build its information technology capabilities

State Compensation Insurance Fund, a California-based provider of workers’ compensation insurance, has named Shaun Coyne as its new Chief Information Officer. Mr. Coyne will lead State Fund’s drive to build its information technology capabilities.

He has over 29 years of experience in IT and has successfully integrated technology as a strategic business tool in large operations. Most recently, he served for six years as vice president and CIO of Toyota Financial Services in Torrance, California. In that position, he executed large-scale operational changes and strategies to drive financial improvements across a global IT department.

Prior to his tenure at Toyota, Mr. Coyne worked as a vice president and chief technology officer of General Electric (GE). At GE, he oversaw systems development for retail financial services and capital real estate, and served a four-year stint in Tokyo heading up systems for GE’s Capital Global Consumer Finance unit.

As State Fund’s CIO, he will lead the implementation of a technology platform for the organisation. His immediate goals include automating online quoting, developing business analytics, and modernizing key business functions.