Seth Rachlin

EVP, Global Insurance Industry Leader
Capgemini
Dr. Rachlin is currently Executive Vice President and Global Insurance Industry Leader at Capgemini as well as Lecturer in Public Policy at the University of Chicago. At Capgemini, Dr. Rachlin is responsible for setting the firm’s Insurance industry strategy, managing its relationships within the Insurance technology ecosystem, and for shaping and articulating the company’s perspective on the industry. Dr. Rachlin is an acknowledged and widely quoted thought leader on topics concerning the intersection of risk and technology. This Spring, he is teaching an original graduate-level course, “Addressing Technology’s Wake: Emerging Risks and the Public Policy Imperative” at the University of Chicago’s Harris School of Public Policy. Dr. Rachlin has over twenty-five years’ experience building and advising companies in the insurance, technology and business services sectors. He has founded, built and negotiated the sale of two companies to publicly traded entities. He has extensive experience as a consultant to over 50 Fortune 500 and middle market insurance companies. He has also advised numerous software, services, and security providers. Prior to joining Capgemini, Dr. Rachlin was President of the Information and Analytics Division of Advisen, a leading provider of data and analytics to the commercial P&C marketplace. While at Advisen, he oversaw the successful launch of Advisen’s cyber risk and predictive analytics products and created a professional services organization to support their integration into customer systems and underwriting workflows. Prior to joining Advisen, Dr. Rachlin was CEO of Moore Stephens Business Solutions (MSBS), a leading provider of performance management solutions to property and casualty insurance carriers, brokers and managing general agents. Dr. Rachlin founded MSBS in 2006, grew the company to a $7 million annual run rate, and successfully concluded its sale to Majesco in April 2010. The sale delivered over a tenfold return to the company’s investors. Previously, Dr. Rachlin served as a Partner of the TechPar Group. At TechPar, Dr. Rachlin provided strategic direction, competitive positioning, and partner and channel development support for over 20 middle market technology providers. Five of Dr. Rachlin’s clients were the successful targets of acquisitions by IBM, Oracle, Red Hat and Emerson Network Power. Prior to TechPar, Dr. Rachlin was CEO of Connect Systems, Inc. a New York based data management consulting firm he founded in 1995. At Connect, he and his team built systems to automate customer and investor outreach in association with four demutualizations (insurance IPO’s) and eight class action settlements. These systems managed the distribution of over 200 million pieces of mail as well as complex workflows involving over five billion pages of documents. In 2002, Dr. Rachlin negotiated the sale of Connect to Net2S, a publicly traded French IT staffing firm later acquired by British Telecom.

Sessions by Seth Rachlin

12:30 PM - 01:15 PM
South Pacific B 

Beyond a Vision: The Design, Challenges, and Empathy behind a Straight-Through Strategy Presented by CCC

The term ‘straight-through processing’ is frequently used, but what does it really mean? And how does it become a reality? While many insurers have laid the foundation, this panel, led by CCC’s Chief Product Officer Shivani Govil, will discuss critical next steps and the pieces to the puzzle that may not have been thought of.

Intelligent Digitization: While a good problem to have, with many varieties, increased volumes, and faster flows of data now accessible to insurers, how can they get the most value and ensure meaningful action?

Unique, Seamless Experiences: From the moment an accident happens, hundreds of complex actions must take place before a vehicle, and a policyholder, is made whole. Just as no two paths are the same as a claim flows toward resolution, no two policyholders have identical needs.

Connected Ecosystems, Now and in the Future: The amount of data from photos, telematics, IoT advances, and more is growing at a record pace. Multiple players are connected to insurer workflows. Efforts to improve efficiency are already happening. Looking towards the future, what’s next to reduce friction?

02:55 PM - 03:30 PM
Innovation in Action Track: Islander E 

Innovation Solving for The Worlds #1 Climate Risk – Flood

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