Matthew Josefowicz Joins Novantas; Research and Consulting Expert will Focus on Technology and Operations in the Insurance Industries

November 12, 2007

NEW YORK – Novantas LLC, the leading provider of management consultancy and information services to the financial services industries, today announced the addition of Matthew Josefowicz, formerly the Managing Director of the insurance practice at Celent LLC, a research and consulting firm focused on the application of information technology in financial services.

Josefowicz has been named a Director at Novantas and will join the firm's insurance practice. He will be based in the company's New York headquarters.

Over the last seven years, Josefowicz established Celent's insurance practice and became a trusted advisor to C–level operations and technology executives. His expertise ranges from multi–billion–dollar global companies to small regional carriers, and spans the life/annuity and property/casualty industries.

He is an oft-quoted expert on industry issues and a frequent presenter at leading conferences on insurance technology strategy and best practices. His recent appearances include conferences and client events in the United States, London, China and Japan.

"Matt is an industry leader in insurance technology strategy, and his insights will be invaluable to our rapidly growing insurance practice," said Dave Kaytes, a Managing Director at Novantas. "With an extensive record of providing unique industry perspective and facilitating rapid strategic decision-making, he is an excellent fit with the culture and client service model at Novantas."

Josefowicz graduated Magna Cum Laude from Brown University. Prior to launching the insurance practice at Celent, he was with hedge fund D.E. Shaw & Co., L.P.

Novantas is the acknowledged leader in customer science and revenue strategy in the financial services industry. The Firm specializes in investigating and interpreting customer needs, attitudes and behaviors in ways that help companies to refine marketing decisions, customer strategies, and sales and service activities.