Boston, MA, USA
November 20, 2007

Celent Promotes New Managing Director

Craig Weber, formerly a senior analyst within Celent’s Insurance Group, has been promoted to Managing Director of the practice.

Celent, a Boston-based financial research and consulting firm, has promoted senior analyst Craig Weber to Managing Director of the Insurance Group.

"We're very pleased that we have such a capable leader to promote to the position," says Octavio Marenzi, CEO of Celent. "Our clients can expect the Celent tradition of outstanding service and thought leadership to continue."

Mr. Weber's research at Celent focuses on insurance distribution, underwriting, and service. He is the author of Celent's annual independent producer surveys and the primary author of the popular Insurance Software Deal Trends studies.

His recent consulting work includes analyses of e-business and self-service trends, an assessment of potential document automation strategies, and custom versions of Celent’s producer survey. He is also a frequent presenter at industry events, including the LOMA/ACORD Systems Forum, LOMA Policyholder Service, IASA, and A.M. Best E-Fusion.

Prior to joining Celent, Mr. Weber was a senior management consultant with John Hancock Financial Services, where he provided strategic consulting services throughout the company. Mr. Weber was also a relationship manager for John Hancock as it signed distribution agreements with banks and third party marketing firms for sale of annuities and long-term care insurance. Most recently, he was general manager of Building2 Information Group, a research and advisory services firm that provided market-entry assistance to US companies expanding to Japan. In that role, he was responsible for all aspects of developing the firm's research business, including project design and marketing of reports.


About Celent

Celent is a global research and consulting firm focused on the application of information technology in the global financial services industry. Celent publishes reports identifying trends and best practices in financial services technology, and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. For more information, please see www.celent.com.  

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