New York — The insurance analyst and consulting community continues to expand and contract as
Karlyn Carnahan, CPCU, will bring a combination of insurer, e-business, and technology infrastructure experience to Novarica’s advisory clients. She will join the company as a principal, reporting to insurance practice director Matthew Josefowicz, and will be located in the company’s San Francisco office.
Carnahan joins Novarica from Novato, Calif.-based
"In addition to expanding our presence to the West Coast, Carnahan brings our clients a wealth of experience in e-business, technology, and market strategy,” Josefowicz told Insurance Networking News. "We value her depth of underwriting processes, her work with IT start-up initiatives and her enterprise IT experience. It’s a good fit for us.”
Novarica has concentrated on “fit” for the past year. Building the insurance practice from its inception, Josefowicz, who joined Novantas from Boston-based
Celent, which was acquired by
This year also saw analyst movement announcements from
Josefowicz told INN that Novarica’s business model, which takes a step away from the typical subscription-based approach used by many research firms to offer a pay-for-services approach, has contributed to his company’s overall growth. “The traditional analyst firm’s business model has a lot of value to certain constituencies but is limited to others,” he says.
Other initiatives underway include the firm’s ACE (Average Customer Experience) vendor rankings, which Josefowicz hopes grows to 100 by 2009.
Sources: Novarica, INN archives