Carpe Data appoints William Magowan as CRO
Carpe Data , a provider of emerging and alternative data products for insurers, announced the appointment of William Magowan as Chief Revenue Officer. He assumes the role from Jim Andrews, who has been named Carpe Data’s Chief Customer Officer.
Magowan joins Carpe Data from Duck Creek Technologies, a provider of SaaS solutions to the P&C insurance marketplace, where he spent over a decade as the Director of Sales. Prior to Duck Creek, Magowan spent nearly 10 years at Insurity.
“Increased claims severity, social inflation and high adjustor turn over continue to pressure casualty loss costs. Carpe Data has established themselves as the de-facto market leader for use of emerging data to drive automation and improve outcomes for insurance carriers such as Allstate, Farmers, The Hartford, Travelers, and Zurich. I am excited to join the team and look forward to helping carriers realize the value of alternative data for predictive and actionable claims and underwriting insights.” – William Magowan, CRO of Carpe Data.
“More than a top sales leader, William fosters cross-functional collaboration which has enabled him to drive product innovation, customer satisfaction and profitable growth at leading InsurTechs throughout his impressive career. As Carpe Data continues to penetrate core segments, introduce new products, and expand offerings across the policy life-cycle, William will play a key role in our accelerated go-to-market strategy, and we are confident he will only help strengthen Carpe Data’s position as the next-generation data company for insurance.” – Max Drucker, CEO of Carpe Data.
The news of Magowan’s appointment comes in the middle of an active year for Carpe Data. In April, the company announced a majority investment by private equity firm Thomas H. Lee Partners. In addition, Carpe Data has continued to add blue chip customers, building on their continued momentum in the marketplace. Magowan’s appointment follows other senior hires made by Carpe Data since the start of 2022, which also includes Scot Barton, VP of Commercial Products.