Capco Launches New U.S. Insurance Practice

Frank Neugebauer Appointed New U.S. Partner

NEW YORK–(BUSINESS WIRE)–Capco, a leading management and technology consultancy focused on the
financial services industry, today announced the launch of its U.S.
Insurance practice, which will be led by newly appointed Partner, Frank
Neugebauer.

“Our expansion into insurance is a natural progression of our
business. The Insurance industry is in the process of going through a
massive transformation to provide a better user experience for their
customers and improve operational efficiencies. We have helped leading
financial institutions outside of insurance achieve similar
transformations,” said Mike Pugliese, Managing Director and Head of
Capco U.S. “Frank’s robust experience developing innovative solutions in
both the Insurance and digital space is a great asset for both our
clients and our firm.”

The new insurance practice will expand Capco’s continued mission to
deliver innovative strategy and implementation solutions to clients
across financial services. The insurance practice will span five key
business domains, including Property and Casualty (P&C), Life and
Retirement (L&R), Reinsurance, Employee Benefits and Distribution.

“In 2019 we expect to see continued upward trends for P&C, L&R, Employee
Benefits and Reinsurance thanks in part to rising interest rates, lower
unemployment and increased focus on lowering costs through operational
improvements,” said Neugebauer. “Innovation, especially in the form of
artificial intelligence and machine learning, is going to be at the
heart of those efforts within insurance firms. With the launch of our
U.S. insurance practice, I look forward to working with the outstanding
team here at Capco to help those firms chart their course to a
successful future.”

Neugebauer joins Capco with 28 years of experience in the insurance,
manufacturing and healthcare industries with a focus on digital. His
extensive experience in the insurance space makes him a natural fit to
advise and support U.S. insurers on the opportunities and challenges
ahead.

Prior to joining Capco, Neugebauer was the Digital Chief Technology
Officer at Genpact, where he oversaw digital transformation in the
firm’s managed services environment across policy, claims and
finance/accounting. Neugebauer’s strong leadership credentials also
extend to roles as a Director within PwC’s insurance business, Chief
Information Officer at United Educators Insurance, Chief Information
Officer at Kaufman Financial Group and Chief Technical Officer at ACORD.

In those roles, Neugebauer helped lead large-scale strategic
transformation initiatives including core systems modernization, digital
engagement platforms and analytics implementation. He also helped lead
the project that made the ACORD Reference Architecture a go to industry
framework.

In addition to Neugebauer, Capco’s U.S. Insurance leadership team will
comprise of industry veterans Matthew Berkowitz, Vincent Molinari and a
large group of existing Capco business and digital consultants with deep
insurance experience. The U.S. practice joins the existing insurance
practices in Canada, Asia and South America.

To learn more about Capco’s Insurance services, visit https://www.capco.com/industries/insurance

About Capco
Capco is a global management and technology
consultancy dedicated to the financial services industry. Our
professionals combine innovative thinking with unrivalled industry and
domain expertise to offer our clients consulting expertise, complex
technology and package integration, transformation delivery, and managed
services, to move their organizations forward. Through our collaborative
and efficient approach, we help our clients successfully innovate,
increase revenue, manage risk and regulatory change, reduce costs and
enhance controls. We serve our clients from offices in leading financial
centers across the Americas, Europe and Asia Pacific. To learn more,
visit www.capco.com,
and follow Capco on LinkedIn, Twitter or Facebook.

Contacts

BackBay Communications
Hayley Reissfelder, 617-391-0764
hayley.reissfelder@backbaycommunications.com

error: Content is protected !!