Socotra adds Greg Murphy as Head of Global Partnerships

Insurance technology provider Socotra has appointed Greg Murphy as Head of Global Partnerships, to develop and expand strategic alliances with technology providers and system integrators.

Murphy is a market veteran with three decades of experience, most recently as Chief Executive Officer (CEO) and Principal Consultant of GRAAM Consulting Group.

He has also previously served as the CEO of Instanda North America. Murphy’s other leadership roles include working with Voya Financial, Ameriprise Financial, Thrivent Financial, and Oracle.

His expertise includes strategic planning for insurance carriers and insurtechs, leading organizations through complex change, developing strategies for diverse market needs, and implementing technology solutions that enhance operational efficiency and customer experience.

Murphy was previously the Vice President of Business Transformation and IT strategy at W.R. Berkley Corporation, where he successfully led business transformation programs across 50+ Berkley family companies.

One of those Berkley family companies, Berkeley Asset Protection, leverages Socotra Policy to power its personal jewellery insurance product.

Murphy commented: “Insurers have been struggling with legacy monolith technology for the last two decades. As they transform their businesses and modernize their tech stacks to meet current consumer expectations, they need a powerful core platform that can easily connect to the growing ecosystem of specialized insurance capabilities.

“Socotra delivers the most powerful and flexible policy and billing technology in the insurance industry. I am thrilled to join Socotra, and I look forward to leveraging my industry experience to help expand strategic partnerships that deliver value to our clients.”

Dan Woods, CEO of Socotra added: “Greg Murphy, throughout his long career in insurance and technology, has shown a deep understanding of the business and customer needs that drive technological innovation.

“As Socotra continues to empower insurers to drive profitable growth with modern technology, we welcome Murphy’s deep expertise, proven leadership, and strategic vision to our team. We are confident that he will build even stronger relationships with our robust ecosystem of system integrators and technology companies that enhance our offerings and create even more value for our clients and partners.”

This website states: The content on this site is sourced from the internet. If there is any infringement, please contact us and we will handle it promptly.