Michael Costonis is executive director of Accenture’s insurance practice for North America. He is responsible for setting the overall vision and strategy for the practice, as well as pursuing new client relationships. Costonis has 20 years experience developing, managing and deploying large-scale technology systems, business processes and strategies for some of the world’s leading insurers, including property and casualty, life and multi-line insurance companies. In his career with Accenture, he has worked with more than 50 leading insurance clients in 14 countries. Costonis shares his industry expertise on his Accenture Insurance Blog.
In addition to his role as North America industry executive director, Costonis is the lead for Accenture’s global claims services. In that role, he oversees claims strategies, assets, capabilities and sales development. He also has led Accenture’s insurance solutions practice in North America, where he was responsible for driving growth for Accenture’s asset-based business in insurance, including claims, underwriting and policy administration. Costonis has written several articles in leading insurance trade publications and has been quoted in the New York Times, Bloomberg News, Reuters News, Best’s Review, Insurance & Technology, InformationWeek, National Underwriter, Technology Decisions and the Philadelphia Inquirer. He has spoken at several leading industry conferences in the U.S. and internationally. Costonis received a bachelor’s degree in political science from Swarthmore College. He is based in Philadelphia.