Mphasis has announced the appointment of Richard Miller as the new Executive Vice President and Global Head of Insurance Business, effective April 27, 2026. Bringing over 35 years of industry experience, Miller will lead the company’s global insurance strategy, focusing on driving AI-led transformations and helping insurance carriers modernize their core business operations to achieve greater efficiency and competitive advantages in the financial services sector.
Strategic Leadership Appointment
Mphasis has strengthened its executive team with the appointment of Richard Miller to lead its global insurance practice. With a distinguished career spanning more than three decades, Miller brings extensive expertise in managing enterprise-level transformations for Fortune 500 organizations, with a specific focus on financial services and insurance.
Focus on AI-Driven Transformation
In his new role, Miller is tasked with advancing the company’s strategic growth agenda within the insurance sector. His primary focus will be on helping clients modernize their operations through the integration of AI-led strategies. By leveraging his background in applied AI research and large-scale reinvention, he will guide organizations in implementing complex technology architectures designed to improve decision-making and operational performance.
Industry Expertise and Background
Prior to joining Mphasis, Miller served as the CEO and co-founder of REMVENTION.AI, a firm specializing in AI consulting. His professional history also includes a 35-year tenure at Accenture, where he held the position of Senior Managing Director, leading modernization programs for global financial institutions. His appointment is seen as a key step in helping insurance carriers accelerate their digital roadmaps while navigating the demands of the current market.
Source: BSE
