Lucens Group (“Lucens”), the industry-leading disability insurance technology solutions company, has appointed†Seth Bostock†to the position of Chief Technology Officer (CTO). In his new post, Bostock will be responsible for product strategy and managing software development for the insurance technology innovator, currently focused on the disability insurance benefits space.
“We are excited to welcome Seth to our senior leadership team as we continue to invest heavily in automated disability claim management and settlement solutions,” said†Brett Albren, CEO & Co-Founder, Lucens Group. “We brought Seth in for his expertise in software product development, focus on data and analytics, and for his extensive background in technology innovation. We are pleased to have a leader of his caliber join Lucens Group at a time when technology is reshaping the insurance industry.”
The distinguished and diverse experience of†Seth Bostock†mirrors his time spent across both legal and technological areas of practice. Prior to Lucens Group, he was an information technology executive and advisor for Tidewater Equity Partners where he supported technology providers with rapidly enhancing business and technology performance. Before that, he was the CEO of IndependenceIT where he took the company through a successful acquisition after receiving numerous industry accolades, including Gartner naming the company a “Cool Vendor.” Prior to IndependenceIT, he was an attorney and business consultant in the†Greater Boston†area, managing the business and legal interests of clients.
For years, carriers in the disability insurance sector have faced claimant experience issues, which in the age of social media is creating difficult to manage challenges for even the leading insurance brands. However, innovation and technological developments are raising the bar and digitally transforming once tedious and error-prone processes for greatly improved outcomes. Lucens Group is at the forefront of this new generation of technology which is advancing simplicity over legacy models that have left the industry looking for something more. Capitalizing on its insurance industry knowledge base and technology expertise, Lucens Group is focused on creating valuable solutions that address a digitally aware universe of claimants and carriers.
“Lucens Group has a stellar reputation as a true innovator in disability technology solutions,” said†Seth Bostock, CTO, Lucens Group. “The company is helping to smooth the path to faster and more accurate claim validation and management which has been an industry challenge for years. It is a privilege to join this highly respected and successful team to focus on these high-value solutions.”
