Agam Capital, an analytics-driven platform partnering with insurance companies to enhance financial flexibility, has launched a new office in Austin, Texas, to advance its pALM analytical ecosystem. Alongside this expansion, the company has promoted Albert Cecchini to Partner, entrusting him with oversight of all risk functions. These strategic moves underscore Agam’s commitment to leveraging AI to deliver innovative solutions for the insurance industry.
Agam Capital opens AI-focused office in Austin, Texas.
Co-Founder Chak Raghunathan leads Austin hub to enhance pALM platform.
Albert Cecchini promoted to Partner, overseeing all risk functions.
pALM ecosystem to drive advanced analytics for insurance solutions.
Austin office to accelerate AI-driven product and service offerings.
Cecchini’s expertise strengthens Agam’s risk management capabilities.
Agam Capital’s new Austin office, led by Co-Founder Chak Raghunathan, marks a significant step in advancing the company’s proprietary pALM analytical platform. The hub will focus on accelerating investments in AI to enhance Agam’s capabilities, enabling the delivery of differentiated solutions and expanded service offerings for insurance partners. This expansion reflects Agam’s dedication to maintaining technical leadership in the analytics-driven insurance sector.
Agam has promoted Albert Cecchini, Chief Risk Officer and CEO of Agam Canada, to Partner. Cecchini, who joined Agam in 2020, will continue to oversee enterprise risk functions, including financial and non-financial risk management, model validation, governance, and asset-liability management. His leadership has been pivotal in establishing Agam’s Toronto operations as a key center of excellence.
“We are extremely pleased to promote Albert to Partner in recognition of his contributions to the success and progress of Agam,” stated Agam’s Co-Founders Avi Katz and Chak Raghunathan. “Albert has been a big part of our overall development, and we are especially appreciative of his wisdom and experience as a world-class risk professional over the past 25 years.”
“I am extremely grateful for the promotion and honored to be part of such a tremendous organization,” said Mr. Cecchini. “The accomplishments we have achieved since inception are unparalleled, and I am very excited about Agam’s continued evolution and future growth.”
Cecchini’s extensive experience bolsters Agam’s risk management capabilities. Before joining Agam, he led market risk oversight and independent valuation functions at the Bank of Montreal and held a similar role at Toronto Dominion Bank. A Chartered Financial Analyst with Bachelor of Commerce and Master of Arts in Economics degrees from the University of Toronto, Cecchini’s expertise enhances Agam’s ability to deliver robust solutions for its partners.
Agam’s dual focus on expanding its AI-driven pALM platform and strengthening its leadership team positions the company to drive innovation and growth in the insurance analytics space. The Austin hub and Cecchini’s elevated role signal a promising future for Agam’s mission to redefine financial flexibility for its clients.
Agam was founded in 2016 by Avi Katz and Chak Raghunathan with the vision to create a cutting edge differentiated analytical platform. The execution towards this vision continued with the development of pALM, Agam’s proprietary asset and liability management (ALM) system. Offering the only end-to-end enterprise-wide risk and capital analytical solutions, Agam empowers strategic decision makers towards their capital optimization goals. With a fully embedded dynamic strategic asset allocation (SAA) and enterprise risk management (ERM) framework, pALM supports Agam’s ability to offer one stop, turnkey insurance solutions.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.