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Capco expands its insurance expertise in Europe

New appointment reflects the company’s success in extending its offerings into the insurance segment

London, July 17, 2006 - Capco, the global provider of consulting, processing services and technology solutions to the financial services industry, today announced that Pauline Stoffberg has joined Capco’s London office to lead its insurance and pensions practice in Europe. Ms. Stoffberg was formerly with Deloitte Consulting and Ernst & Young after a career within the insurance industry latterly with the Standard Life Group where she held a series of senior management positions, the last as Sales Director of their Healthcare company.

Commenting on the announcement, Dai Bedford, SVP and co-lead for Europe, said,
“There are significant opportunities to extend the transformational work we are doing within the banking sector to meet the major challenges in the insurance and pensions sector. Pauline brings the deep knowledge and direct experience of the insurance and pensions industry that is the hallmark of the way we do business, and is that key to our growth in this segment.”

Ms Stoffberg added, “Capco has a wealth of expertise and new ideas in corporate, retail and investment banking in areas such as product and price innovation, client proximity, and operational excellence. These are issues directly relevant to the challenges that insurance and pensions companies face today. I am looking forward to taking these ideas out to clients and to growing Capco’s work in this important part of the financial services market.”