Capco, the technology and management consultancy, has named Karl Canty as a new partner in its US insurance practice, located in Hartford, CT.
Canty will focus on strengthening client relationships, boosting sales, and providing value to insurers, especially to Capco’s prominent Life & Annuities clients.
Matthew Hutchins, Partner and Global Head of Insurance at Capco commented: “I am very pleased to welcome Karl as a new member of the US Partner team. Karl has a deep knowledge of the US insurance market and the regulatory dynamics now impacting insurers.
“His proven track record in leading innovation and strategic change initiatives for the largest life, group, voluntary benefits, and annuity carriers will be key as we drive industry innovation and help solve our clients’ most complex challenges,” continued Hutchins.
Canty brings over two decades of expertise in insurance products, technology, and transformation to his new role. He has a proven track record in scaling data, analytics, and operations strategies for major financial services organisations.
He joins Capco from EXL, a company specialising in data analytics and digital operations solutions, where he served as Vice President for Insurance Data & AI.
Before EXL, he spent five years at EY’s Insurance Advisory Services, leading teams in operational transformation and strategy. Prior to EY, he worked for five years at PwC’s Financial Services Advisory division, focusing on process and organisational design initiatives.
David Radvany, Partner & US Insurance Lead at Capco, added: “Karl’s expertise and experience in the areas of transformation design and deployment, process change, innovation strategy, and product portfolio enablement will be invaluable as we help our insurance clients realise their ambitions for long-term success. I am very pleased to welcome him to the team.”
