Insurance services provider Charles Taylor has launched a new business that targets the £90 billion global insurance technology market.
The new venture called Charles Taylor InsureTech draws together more than 200 specialist insurance technology staff to design, develop and deliver solutions, systems and other services to clients.
Charles Taylor InsureTech CEO Jason Sahota said the business aims to help insurers, brokers and insurance clients meet present challenges by providing technology-enabled solutions that deliver high impact business.
“The global insurance technology market is growing rapidly with increasing demand from insurers to replace legacy systems, bring new products to market quickly and capitalise on the potential of big data and analytics.
“Technology is giving the insurance market new ways of doing business. The winners will harness technology to be more efficient and agile, make better decisions and deliver better services,” Sahota said.
He added that their approach is completely different to traditional insurance technology solution providers as they “blend the best of technology know-how with insurance expertise.”
“We have the culture of a FinTech start-up, the capabilities of an established tech business and the industry knowledge of a global professional services provider that has been embedded in the insurance industry for over 130 years,” he said.
Sahota recruited a senior leadership team from technology providers, insurers and professional services insurance specialists including Elixirr, KPMG, Atos,
Aon and Axa.
- Tom Maleczek, chief technology officer
- Kieran Maloney, IT services director
- Carlos Romeu, implementation and solutions director
- Tom Whipp, chief information security officer
- Sharmila Thayer, application and product development director
- Tony Russell, sales director
- Kevin Osborn, director
- Stephen Card, director of insurance support services
