InsurTech Leader FastTrack Expands Senior Management Team, Hires Michael Fradkin, FSA, MAAA as President

Michael Fradkin | Digital Claims

BEDMINSTER, N.J., May 10, 2022 – FastTrack, a division of Kamine Technology Group LLC, today announced that Michael Fradkin, formerly Head of Group Products and Underwriting at Lincoln Financial Group, Group Benefits, CFO & Chief Actuary at Guardian Life and Head of Voluntary & Worksite Business at MetLife has been appointed President, a newly created position within FastTrack. Michael will report to Thomas Capato, CEO and Cofounder of FastTrack.

“Michael is a seasoned and trusted leader who has consistently delivered impressive results within the Disability and Life Insurance marketplace. He is uniquely qualified to help the organization with continued revenue growth, operational leadership, and participate in the strategic planning for FastTrack’s portfolio of Digital Workflow and Automation Solutions and Services,” said Thomas Capato, CEO & Cofounder of FastTrack. “We are excited and have tremendous confidence in Michael’s ability to add to FastTrack’s continued success in rapidly expanding our footprint across the insurance industry.”

“FastTrack’s Automated Solutions & Services for the Life and Disability Insurance vertical has never been more compelling. As carriers continue to enhance their digital automation strategies, FastTrack is perfectly positioned to partner with carriers to implement technological solutions to enhance their value proposition for their employer customers and policyholders.” said Fradkin, President. “I am incredibly energized to help lead the company to its next phase of innovation, rapid revenue growth, and operational excellence.”

About FastTrack:

FastTrack – a division of Kamine Technology Group (KTG) – is the leading full-service technology platform in the Life & Disability insurance vertical that automates critical elements of the claims adjudication and new business application process, helping Carriers enhance the accuracy of claim and underwriting decisions.

Our suite of products and services helps insurers to triage and fully understand their risk management options, drives process automation, and makes possible comprehensive data collection and analysis to establish best practices for the Life & Disability administration processes. Our primary goal is to help claims professionals and underwriters make consistent, repeatable, clear, objective, and defensible benefit and employability determinations. FastTrack has been conducting business in the Life & Disability insurance vertical for more than eight years and boasts a large percentage of the medium and large insurers in both the Group and Individual insurance verticals as current clients.

Click here to connect with Michael on LinkedIn.

 


SOURCE FastTrack, A division of Kamine Technology Group (KTG)

Related Links: FastTrackRTW.com

For further information, please contact:

Alaina DeWitt
908-212-3627
Alaina.DeWitt@FastTrackRTW.com
FastTrackRTW.com
Follow FastTrack on LinkedIn

About FastTrack

FastTrack – a Kamine Technology Group (KTG) division – is a full-service intelligent technology solutions provider in the Life & Disability insurance vertical. Leading the way for more than 10+ years, FastTrack boasts a growing client portfolio consisting of a large ratio of top-tier insurers in both the Group and Individual marketplace in the USA and Canada. Our made-for-insurance intelligent technology, enhanced by decades of on-the-job insurance industry expertise and AI, digitizes & automates up to 90% of the claims journey, from claim intake to adjudication, resulting in lightning-fast claim outcomes that typically improve Claim Handle Time by 30%-40%. FastTrack helps insurers free up valuable human resources to focus on mission-critical tasks, such as improving the customer experience and making informed claim decisions. Furthermore, FastTrack’s suite of technology solutions and services empowers insurers to triage claims, understand risk management options, reduce manual administration, save on interest expenses, create straight-through processing opportunities, leverage comprehensive data via online Claimant, Beneficiaries, Employers, Agents/Brokers portals, and create digital claimant profiles to achieve informed, consistent, repeatable, defensible, and objective claim decisions.

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