(Image source: NASA.)
Intellect SEEC (Piscataway, N.J.), the insurance software division of Intellect Design Arena Ltd (Chennai), has 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. Kyle Caswell, from Verisk Analytics, has been named Executive Vice President and Head of U.S. 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, according to an Intellect SEEC statement. McKenney has held numerous senior executive roles at Liberty Mutual including National Insurance – SVP Product & Underwriting, Commercial Insurance – SVP State Management and segment CFO and Controller. In his most recent role, McKenney built a Product Management organization, underwriting support function with approximately 900 expert resources and developed strategic initiatives to drive results and profitability.
“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,” comments McKenny. “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 lead the company’s North American Sales Strategy. Throughout his career, Caswell has helped global insurance and risk management organisations innovate and grow profitably, according to the Intellect SEEC statement. Caswell has worked with hundreds of insurance and financial organizations to solve their complex business challenges in the areas of digital workflow transformation, AI/ML/Analytics, and core legacy system replacement/enhancement., the statement says.
“I am very pleased to have the opportunity to lead Intellect SEEC’s US Sales team,” comments Caswell. “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,”
“We are very excited to have Jim and Kyle on board, leading the expansion of our business,” says Banesh Prabhu, CEO, Intellect SEEC. “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.”