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MajescoMastek Congratulates Dan Colarusso of Cypress Insurance on Being Named an “Insurance IT All-Star” by Tech Decisions

MajescoMastek Congratulates Dan Colarusso of Cypress Insurance on Being Named an “Insurance IT All-Star” by Tech Decisions

Press Release

New York, NY, September 11, 2013 — MajescoMastek, the provider of core insurance systems and services to over 80 Life and P&C insurance carriers in North America, today congratulates Dan Colarusso, CIO for Cypress Insurance on being named a 2013 Insurance IT All-Star. Naming of this year’s All Stars marks the seventh consecutive year Tech Decisions has selected a group of insurance IT leaders who have transformed their companies through technology.

Nominated for the recognition by MajescoMastek, Colarusso’s story demonstrates his belief in the value of technology as a key element of the insurance enterprise and how it allows carriers to achieve greater efficiencies and higher levels of service. Through Colarusso’s leadership, Cypress Insurance has been able to transform its IT operation by bringing its entire outsourced environment in house, which included the selection and implementation of MajescoMastek’s STG Policy Administration solution.

Commenting on Dan’s IT All Star status, Robert Hyle, editor-in-chief of Tech Decisions magazine and technology channel editor for PropertyCasualty360.com, said “It is difficult to give a simple definition of what an Insurance IT All-Star is. When determining the IT All-Stars this year, I looked for individuals like Colarusso who have taken the basics of what an insurance CIO needs to run an IT shop and brought several “extras” along with him—or her.”

Hyle continued, “This year’s five insurance IT leaders have made their marks with a variety of companies. We asked them what scares them about the future and what excites them and one theme is shared by all—technology offers immense challenges for what lies ahead, but also great opportunity not only for themselves, but for the industry as a whole.”

“On behalf of the entire MajescoMastek team I would like to congratulate Dan on this outstanding recognition,” said Ketan Mehta, CEO of MajescoMastek. “We are proud of Dan’s achievement and happy to have been associated with Cypress group in their IT transformation program.”

To read more about Dan Colarusso and his Insurance IT All-Star story, visit http://www.propertycasualty360.com/2013/08/16/insurance-it-all-star-colarusso-sees-technology-ad?t=tech-management.