MajescoMastek Names McCarter President

March 16, 2007

Edison, N.J.-based MajescoMastek, the North American unit of publicly-held software solutions and services provider Mastek, Ltd., has named William S. McCarter as president of the North American business.

McCarter has joined the company in the Edison, N.J. headquarters. McCarter was previously EVP and COO of ePolicy Solutions in Torrance, Calif., until ePolicy was acquired by Insurity Inc. in June of 2006. McCarter has had a four-year long working relationship with MajescoMastek.

Specializing in insurance industry software solutions and services, MajescoMastek has been led by Sudhakar Ram since 2005. Ram assumed new leadership positions in January 2007 as chairman and managing director of the parent company Mastek, in addition to continuing to serve as its Group CEO.

Prior to ePolicy, McCarter was SVP and Regional CIO of the Allianz Group in North America, and also served as the CIO for Fireman’s Fund Insurance Company in Novato, Calif. McCarter has also held key financial technology roles at Banc One and PNC Bank.

McCarter holds a bachelor’s degree in Human Resources from Sullivan University, Louisville, Ky. and will complete his MBA with a concentration in Information Systems in September. He also has attended executive training at The Wharton Business School, Darden Graduate School and Columbia University.

McCarter has been recognized by the insurance industry as being among the “Elite Eight CIOs in Property and Casualty Insurance” and was past chairman of LOMA’s (Life Office Management Association) P&C Technology Committee.

Source: MajescoMastek, www.majescomastek.com

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