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Policy Administration

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Chad Hersh Joins Novarica

Known for his expertise on core insurance systems, Hersh was the lead author of Celent's bi-annual policy administration system research reports and conducted over a dozen core systems replacement evaluation projects for a broad range of insurance carrier clients on both the life & annuities and property/casualty sides of the industry.

After five years at Celent (Boston), Chad Hersh joins former colleague Matt Josefowicz who earlier left the Boston-based analyst and research firm to found Novarica, a Novantas Company dedicated to research and advisory services focused on markets, operations and technology for insurers and financial services firms. Hersh joins Novarica as a principal.

Known for his expertise on core insurance systems, Hersh was the lead author of Celent's bi-annual policy administration system research reports and conducted over a dozen core systems replacement evaluation projects for a broad range of insurance carrier clients on both the life & annuities and property/casualty sides of the industry.

In addition to serving in analyst and consultant roles, Hersh has shared his expertise about enterprise vendor selection practices and other topics in widely published articles, and he has been a regular presenter at many industry conferences. He has also worked at AIG, Ernst & Young, and CSC, and has taught e-business and consulting at Rice University.

"Chad Hersh is a leading expert on insurance technology strategy and has a unique knowledge of the policy administration systems marketplace," comments Josefowicz, Novarica's insurance practice director. "His expertise will be a tremendous asset to our clients, and I am looking forward to working with him again."

Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio

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