Chennai (India), 08 February, 2021: Intellect SEEC, the insurance software division of Intellect Design Arena Ltd, today announced two new appointments to the company’s senior leadership team. James McKenney, from Liberty Mutual, has been appointed as Products Business Head and Chief Strategy Officer to the InsurTech innovator. Kyle Caswell, from Verisk Analytics, has been tapped as an Executive Vice President and Head of US Sales, North America. McKenney and Caswell bring a combined 50+ years of experience in insurance, technology, product management, leadership and finance to the company.
McKenney will provide product innovation, drive business strategy and expand partnerships for achieving revenue growth. McKenney held numerous senior executive roles at Liberty Mutual including National Insurance – SVP Product & Underwriting, Commercial Insurance – SVP State Management as well segment CFO and Controller. In his most recent role, McKenney built a highly effective Product Management organisation, underwriting support function with approximately 900 expert resources and developed strategic initiatives to drive results and profitability.
On his new role, McKenney commented, “I am excited to join Intellect SEEC, an exponential Insurtech company tackling the biggest challenges for insurance with contemporary technologies like Big Data, AI and ML. I know first-hand how their products can benefit insurance carriers and brokers, and look forward to being a part of a strong team that will help modernize the insurance industry.”
Caswell will spearhead the North American Sales Strategy in alignment to Client’s and Intellect SEEC’s business and innovation goals. Throughout his career, Caswell has helped global insurance and risk management organisations innovate and grow profitably. He is a subject matter expert and advisor in the Insurtech, analytics and insurance industry domains. Caswell has worked successfully with hundreds of insurance and financial organisations to solve their complex business challenges in the areas of digital workflow transformation, AI/ML/Analytics, and core legacy system replacement/enhancement.
“I am very pleased to have the opportunity to lead Intellect SEEC’s US Sales team. With a strong team of dedicated professionals and senior insurance leaders, I look forward to building value and driving profitability. I believe the products we are introducing to the market can be game changers for commercial insurance carriers as they navigate a time where efficiency and automation have become a priority,” commented Caswell on his position.
Banesh Prabhu, CEO of Intellect SEEC, said, “We are very excited to have Jim and Kyle on board, leading the expansion of our business; they bring global expertise and regional experience that will allow us to shape our strategy within the InsurTech market. Their vast expertise and complementing skillset will further strengthen delivery of the value proposition. With the key leadership appointments, we now have a strong management team in place to continue the execution of our strategy to help insurers take on the future of insurance and data businesses”
About Intellect SEEC
Intellect SEEC is an exponential Insurtech company tackling the biggest challenges for insurance with contemporary technologies like Big Data, AI and ML. We are a proven leader in Data First Strategy for Commercial Insurance.
Our twin mission is to make insurance about the insured and to level the playing field for all insurers through technology. Insurance is complex, but the underlying technology has to be sophisticated to make it simple, engaging and insightful. Our aim is to deliver the world’s most agile, easy-to-deploy and future-proof software, which adapts as business models of our customers, and insurance and technology evolve. To know more about the company, please visit intellectseec.com
About Intellect Design Arena Limited
Intellect Design Arena Ltd. has the world’s largest cloud-native, API led microservices-based multi-product FinTech platform for the Global leaders in Banking, Insurance and Capital Markets. It offers a full spectrum of banking and insurance technology products through its four lines of businesses – Global Consumer Banking, Global Transaction Banking (iGTB), Risk, Treasury and Markets, and Insurance. With over 25 years of deep domain expertise, Intellect is the brand that progressive financial institutions rely on for their digital transformation initiatives.
Intellect pioneered Design Thinking to create cutting-edge products and solutions for banking and insurance, with design being the company’s key differentiator in enabling digital transformation. FinTech 8012, the world’s first design center for financial technology, reflects Intellect’s commitment to continuous and impactful innovation, addressing the growing need for digital transformation. Intellect serves over 240 customers through offices in 91 countries and with a diverse workforce of solution architects, domain and technology experts in major global financial hubs around the world. For further information on the organisation and its solutions, please visit www.intellectdesign.com.
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