Capco launches insurance practice

Consultancy and technology provider Capco has launched an insurance practice in two European countries: in France and Switzerland.

In two of the European markets the firm serves, Capco has now extended its service portfolio to include insurance services. Commenting on the expansion, Marc Pfeifer, a managing principal at Capco in Switzerland, said, “The insurance industry faces unprecedented challenges and changes. By bringing Capco’s capabilities to market, we will help our customers shape a successful future.”

In a recent study of executives in the insurance industry, it was found that digitisation and regulation are the two main top topics on the agenda of leaders. Other areas sparking major change include the growing impact of InsurTechs, market openness, the threat of the BigTechs and the evolving demands of customers expecting more user-friendly and personal offerings.