State Street has appointed Christian Bongiovanni to the new role of head for insurance covering Europe, Middle East, and Africa (Emea).
Based in Milan, Bongiovanni will be responsible for developing the end-to-end service proposition withing the company’s growing insurance business. He reports to Akhil Jain, global head of insurance and Jörg Ambrosius.
Ambrosius said: “As insurance companies continue to expand operations to support their growth agenda, they require a consolidated front-to-back operating model and a global provider with the required expertise that can cater to their needs.”
Bongiovanni joined State Street from The Boston Consulting Group, where he led advanced analytics for insurance across Europe. Prior to this, he spent 17 years at McKinsey & Co., where he was a partner of the insurance practice and co-leader of advanced analytics in insurance. He also held management oversight in Europe and the US.
In November, State Street announced a partnership with software provider SimCorp to offer a fully integrated investment outsourcing solution for its insurance branch.
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