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Peter Le Beau Joins the Board of FINEOS

Peter Le Beau Joins the Board of FINEOS

New Appointment to Guide FINEOS Expansion in Protection Insurance

FINEOS Corporation, a market leading provider of core software solutions for insurance and government social insurance, today announced the appointment of Peter Le Beau to its Board of Directors. Mr Le Beau, an insurance industry veteran with over 30 years experience, is one of the best known consultants in life and health insurance protection in Europe. In 2009 he was awarded an MBE for services to Insurance and was also voted “Health Insurance Personality of the Year” at the Health Insurance awards in the same year. The appointment of Mr Le Beau as a non-executive director reflects the uplift in new customers for FINEOS’ claims processing solutions in life and disability (income protection) insurance. Mr Le Beau will provide advice to the FINEOS leadership team and help forge new industry relations in the protection insurance industry.

Michael Kelly, CEO, FINEOS Corporation welcomed Mr Le Beau to the board of FINEOS. “Peter is a passionate believer in the value of protection insurance and has advised numerous companies in how to develop innovative ideas in this important area. He also understands the important role that technology can play in supporting core processes such as claims by enabling insurers to streamline their claims processes and provide them with greater operational flexibility.  Peter’s insight and expertise will support our expansion, particularly in Europe”.

FINEOS is the global leader in claims solutions for the life and disability (income protection) insurance industry. Customers include ING, Assurant, Mutual of Omaha, Lincoln Financial Group and Principal Financial Group in North America, and SalusAnsvar (Sweden).

Peter Le Beau set up the independent consultancy, Le Beau Visage, in 2001 which focuses on differentiation in the protection sector. He regularly co-authors The Protection Review http://www.protectionreview.co.uk/ and runs a strategic discussion group called The-Net-Work http://www.the-net-work.org/. In 2005 he helped set up the Income Protection Task Force http://www.protectingmyincome.co.uk/ to promote a greater awareness of the value of the product.  He is a non-executive director of Red Arc, Health Claims Bureau and Exeter Friendly Society.