Texas-based P/C Consulting Firm Acquires Pennsylvania’s Apteon

May 11, 2007

CastleBay Consulting Corporation, a consulting services firm headquartered in Austin, Texas, and specializing in providing high impact consulting services to the property/casualty insurance market, announced that it has acquired Apteon, a Pennsylvania-based provider of P/C technology related consulting and services.

Additionally, Apteon founder and CEO, Ralph Vagnoni, has been named CastleBay’s vice president of Business Development.

Founded in 2001, Apteon offers a comprehensive suite of IT and insurance related services, including project management, systems integration, business analysis, and technical software implementation.

Service provided by CastleBay Consulting include strategic systems planning and acquisition; quality management; program and project set up, management and assessment; business process and requirements analysis; and related software implementation services.

Source: CastleBay Consulting, www.castlebayconsulting.com.

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