(PRESS RELEASE) FARMINGTON, CT and WHITELEY, UNITED KINGDOM–(Marketwired – June 09, 2016) – 1insurer, global provider of software to the P&C Insurance sector, today announced the appointment of Mr. Yogesh Shinde as Chief Technology Officer, as it continues to build on recent successes and accelerate its growth across key markets.
Yogesh Shinde joins from OptumInsight (part of UnitedHealth Group) where he led the strategic development of the company’s technology teams and the development and delivery of the company’s software portfolio including Analytics, Population Management, Care Coordination, and Healthcare Information Exchange. With more than 30 years in Technology and Software Development across a range of disciplines, including R&D, collaborative product design and emerging technologies in an Agile environment, Yogesh is ideally placed to further enhance 1insurer’s impressive track-record in product innovation and delivery.
Yogesh’s appointment follows 1insurer’s acquisition by The Carlyle Group (“Carlyle”) in 2015 and signals Carlyle’s continuing investment in 1insurer’s products and services.
Paul Nichols, CEO at 1insurer comments:
“I am delighted to welcome Yogesh to the 1insurer senior leadership team. His proven ability to help build successful software businesses that deliver service excellence to customers enables 1insurer to look to the future, and its next phase of growth, with confidence. We are well positioned for the challenges ahead, in what continues to be a market full of potential, for those with the people ready to recognize and seize the opportunities this presents.”
Zeina Bain, Managing Director at The Carlyle Group comments:
“Yogesh joins an experienced team at 1insurer, with an attractive product portfolio and a solid international customer base. We continue to invest in the people and technologies at 1insurer. Yogesh’s successful track record in innovation and product design will enable 1insurer to continue responding more flexibly to a rapidly changing market and in the long-term interests and benefits of its customers.”
1insurer is a global provider of software-led solutions to insurers for more effective policy and claims management. Part of The Carlyle Group, a global alternative asset manager with $178 billion of assets under management, the 1insurer Suite is operating in 8 of the top 10 global insurance markets across 4 continents. In every market, 1insurer’s technology empowers insurers to deliver better, faster results, making us the global partner of choice for locally delivered insurance solutions.
About The Carlyle Group
The Carlyle Group is a global alternative asset manager with $178 billion of assets under management across 125 funds and 164 fund of funds vehicles as of March 31, 2016. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments — Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions — in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,650 people in 36 offices across six continents.