The Future of Insurance 2026

Fenergo Expands into Private Banking and Wealth Management

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

โ€“ Access the Media Pack Now

โ€“ Book a Conference Call

โ€“ Leave Message for Us to Get Back

Related stories

Future of Claims Automation and Insurance Efficiency

The evolution of claims management is entering a decisive phase where artificial intelligence and seamless integration redefine operational benchmarks. By moving away from manual verification toward real-time, automated straight-through processing, carriers are significantly reducing overhead while enhancing the policyholderโ€™s experience during critical moments of truth.

Insurance Innovation Through AI and Machine Learning

The rapid advancement of artificial intelligence and machine learning is driving a wave of innovation that is transforming every aspect of the insurance value chain. From smarter underwriting and faster claims processing to the development of highly personalized insurance solutions, these technologies are empowering carriers to deliver more value and efficiency in an increasingly digital world.

Data Analytics Transforming Insurance Risk Assessment

The landscape of risk management is being fundamentally reshaped by advanced data analytics, enabling insurers to transition from historical guesswork to high-precision predictive modeling. By integrating real-time insights and big data into the core of their operations, organizations are unlocking superior pricing strategies and a significant competitive advantage in a data-driven world.

Fenergo, the leading provider of Client Lifecycle Management solutions (CLM) and services for financial institutions, has announced its expansion into Private Banking and Wealth Management, with the creation of a new division lead by Steve D’Souza.

The establishment of this new Private Banking and Wealth Management division directly aligns with Fenergo’s market expansion strategy and its objective to deliver value-adding, innovative and proven CLM services to financial institutions. Steve will report directly to Fenergo’s CEO Marc Murphy and will be based in London.

“The creation of this division demonstrates our commitment to growing the business even further and extending our award-winning CLM platform to new market segments,” said Fenergo CEO, Marc Murphy. “This division will build on the successes we have already achieved in the Corporate and Institutional Banking (CIB) space and will allow us to enhance and develop our proposition to Private Banking and Wealth Management clients further.”

Commenting on his appointment, Steve D’Souza said: “Fenergo has proven its ability to bring CLM technology to the CIB sector and our goal is to extend and enhance our onboarding and unique regulatory capabilities to Private Banking and Wealth Management professionals. These firms are encountering greater competition for customers, and by using Fenergo to streamline their processes and workflows, they can reduce costs and ensure better and faster customer experiences.”

Marc Murphy added: “We will continue to invest in our core CLM platform and will now enhance its capabilities to better serve this new segment. Mirroring our recently announced activity in the asset management space our aim is to engage with market practitioners through the Fenergo Global Regulatory Forum. The forum will allow us to better understand their needs, extend our world-class services based on their preferences and drive mutually beneficial growth for all parties.”

Steve’s 35-year career encompasses roles at Unisys, Odyssey, Parity, Propero and TCA Consulting before setting up Sales Kinetics in 2008. During his time at Sales Kinetics he has worked with over 25 IT firms driving and creating revenue in the UK and Switzerland. His successes include sales into Brewin Dolphin, Quilter, Brooks Macdonald as well as the LGT Group.

Latest stories

Related stories

Future of Claims Automation and Insurance Efficiency

The evolution of claims management is entering a decisive phase where artificial intelligence and seamless integration redefine operational benchmarks. By moving away from manual verification toward real-time, automated straight-through processing, carriers are significantly reducing overhead while enhancing the policyholderโ€™s experience during critical moments of truth.

Insurance Innovation Through AI and Machine Learning

The rapid advancement of artificial intelligence and machine learning is driving a wave of innovation that is transforming every aspect of the insurance value chain. From smarter underwriting and faster claims processing to the development of highly personalized insurance solutions, these technologies are empowering carriers to deliver more value and efficiency in an increasingly digital world.

Data Analytics Transforming Insurance Risk Assessment

The landscape of risk management is being fundamentally reshaped by advanced data analytics, enabling insurers to transition from historical guesswork to high-precision predictive modeling. By integrating real-time insights and big data into the core of their operations, organizations are unlocking superior pricing strategies and a significant competitive advantage in a data-driven world.

Customer Experience Strategies in Modern Insurance

Todayโ€™s insurance market demands more than just basic coverage it requires a sophisticated approach to engagement that prioritizes the policyholder at every touchpoint. By leveraging personalization and seamless omnichannel services, modern carriers can transform the digital customer journey from a transactional necessity into a meaningful, long-term relationship that drives loyalty and retention.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

โ€“ Access the Media Pack Now

โ€“ Book a Conference Call

โ€“ Leave Message for Us to Get Back

Translate ยป