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FINEOS Expands Presence in North America

FINEOS Expands Presence in North America

New office, new executive leadership to focus more attention on insurance carriers

FINEOS, an award-winning global provider and a recognized expert in the development of packaged software solutions for the insurance and banking industries , today announced the appointment of Alex Young, executive vice president of the Americas. Young brings more than 15 years insurance industry experience and will be responsible for all aspects of FINEOS’ new business sales and account management for the region. Young will report to Michael Kelly, FINEOS CEO and will lead North American operations from a regional headquarters office in Boston, Massachusetts, known as the FINEOS Boston Capability Centre.

“Alex’s longevity in the insurance industry underscores FINEOS’ commitment to providing valuable software to streamline insurance workflow processes,” said Michael Kelly, CEO and president of FINEOS. “The rapid growth of our North American client base is the driving force behind our investment in Alex and the FINEOS Boston Capability Centre. Having been in the Americas since 2000, we understand the importance of servicing clients with experienced leadership within the market’s region. The North American FINEOS team has a deep level of expertise in business process management and automated workflow processes that will resonate with all insurance carriers.”

Prior to joining FINEOS, Young served as U.S. General Manager with Tower Technology. His insurance industry experience includes CFO and vice president of Policy Administration for a division of Sun Life of Canada, and vice president of the Insurance Division of The Judge Group.