CAPCO

Complexity Simplified

Insurtech Infrastructure Enterprise Acquired

Overview

Capco is a global technology and management consultancy dedicated exclusively to financial services and energy. Founded in 1998 and headquartered in London, Capco operates across offices in the Americas, Europe, and Asia-Pacific, serving over 100 global organizations. In 2021, Capco was acquired by Wipro Limited, significantly expanding its delivery scale while maintaining its distinct brand and financial services focus.

Capco's insurance practice helps carriers, MGAs, and brokers modernize core systems, improve operational efficiency, navigate regulatory change, and deploy AI and data capabilities. The firm serves all major insurance segments including general insurance, life and annuity, commercial and specialty, health, employee benefits, and reinsurance.

In 2025, Capco expanded its insurance leadership team across the US, UK, and Europe, joined OpenAI's Beta Services Partner Program, and received multiple industry awards for consulting excellence in data management and regulatory services.

Products & Services

Management Consulting

Strategy, operating model design, and business transformation for financial services firms. Helps insurers design agile business models, streamline operations, and optimize distribution channels.

Key Features

Strategy and operating model redesign
Regulatory change management and compliance
Organizational transformation and change management

Target Users: Insurance carriers, MGAs, brokers, banks

Technology Delivery

Core systems implementation, digital transformation, and application development for insurance and banking clients.

Key Features

Policy administration modernization
Claims transformation and automation
Legacy system migration and modernization

Target Users: Insurance carriers, MGAs

Data & Analytics

Data strategy, architecture, governance, and AI/ML deployment for financial institutions.

Key Features

Data architecture and governance
Predictive analytics and actuarial tools
AI-infused operational excellence and compliance controls

Target Users: Carriers, capital markets firms, banks

AI-Infused Solutions

Leverages OpenAI Beta Services Partner access (2025) to deploy scalable AI solutions for financial services clients, including underwriting automation, fraud detection, and customer experience enhancement.

Key Features

Priority access to OpenAI's latest AI capabilities
AI-infused legacy modernization
Operational excellence through AI

Target Users: Insurance carriers, brokers, banks

Insurance Practice

Dedicated insurance vertical covering all major segments with specialized expertise in digital transformation and technology modernization.

Key Features

General Insurance, Commercial and Specialty
Protection, Retirement and Savings
Distribution, Employee Benefits, Health, Reinsurance

Target Users: Carriers, MGAs, brokers, reinsurers

At a Glance

Founded: 1998
Headquarters: London, UK
Employees: 1000+
Funding: Acquired

Category & Focus

Category: Insurtech Infrastructure
Subcategories: Management Consulting Technology Delivery Data & Analytics AI/ML Digital Transformation
Insurance Verticals: Life & Annuity P&C Commercial P&C Personal Health Group Benefits Specialty/E&S Reinsurance
Target Customers: Carriers, Brokers, MGAs/MGUs, Reinsurers