Neal Baumann - Global Financial Services Industry leader, Principal Deloitte Consulting

Neal BaumannGlobal Financial Services Industry leader, Principal Deloitte Consulting

Neal Baumann leads Deloitte’s Global Financial Services Industry practice. He has 20 years of experience advising financial services and insurance company clients on corporate and competitive strategies across industry segments, including life insurance, wealth management and premium financial services, investment and funds management, superannuation and pensions, and retail banking.

Baumann has had advisory and consulting roles in the United States, Australia, New Zealand, United Kingdom, and across Asia.

I’m proud to serve as Deloitte’s Global Financial Services Consulting Leader and Global Insurance Sector Leader. In these roles I work with our professionals across the globe to strategize, coordinate, and enhance services for banking & capital markets, insurance, investment management, and real estate. I’m passionate about helping clients grow, improve their ability to compete, delight their customer and harness the power of disruptive technology.

I have spent my entire career in the financial services industry and have worked across the United States, Asia Pacific, the United Kingdom, and Europe. I work with our global teams to support clients in their transformation efforts and provide insights to and advise our senior client executives. I have a strong appreciation of the competitive dynamics across all financial service sectors—including both economic and structural challenges—as well as the complexities of driving change.

I deeply believe in the value of a global mindset, diversity along every dimension, and varied cultural experiences. I draw on these values to drive quality outcomes for clients and to help organizations achieve the transformational change needed to succeed in today’s marketplace. I’m also passionate about the financial services industry embracing its societal and communal responsibilities and in working with our clients to embed these values into all they do.

Latest reviews by Neal Baumann
Insurance" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Finance Outlook: New Accounting Rules Put Insurers in the Spotlight">
Finance Outlook: New Accounting Rules Put Insurers in the Spotlight
Responsible for managing insurer financials at public companies have spent five years preparing for the long-anticipated implementation of new accounting standards
Most Significant Insurers Steps to Build ESG" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Most Significant Insurers Steps to Build ESG Infrastructure">
Most Significant Insurers Steps to Build ESG Infrastructure
Many insurers around the world have taken significant steps to build an organizational infrastructure addressing the multitude of challenges posed by ESG
InsurTech Outlook: Moving from Infrastructure Investment to Value Realization" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="InsurTech Outlook: Moving from Infrastructure Investment to Value">
InsurTech Outlook: Moving from Infrastructure Investment to Value
Insurers have frequently taken a piecemeal approach to technology modernization, transforming system by system, function by function, and app by app
How Insurers Are Reinvent Workplace HR Strategies & Corporate Culture" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="How Insurers Are Reinvent Workplace HR Strategies & Corporate Culture?">
How Insurers Are Reinvent Workplace HR Strategies & Corporate Culture?
Forced virtualization of work during the pandemic has fueled revolutionary changes in employee expectations and upended many traditional employment models
Life Insurance Company Transformation Key to Sustainable Growth" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Life Insurance Company Transformation Key to Sustainable Growth">
Life Insurance Company Transformation Key to Sustainable Growth
While change has often come slowly in life insurance sector, a metamorphosis may be underway. The effects of the pandemic are lingering, consumer expectations are growing
How Does Inflation Challenging Non-Life Insurer Profitability and Insurance Rates" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="How Does Inflation Challenging Insurer Profitability and Insurance Rates?">
How Does Inflation Challenging Insurer Profitability and Insurance Rates?
Raising revenue hasn’t been an issue for most nonlife insurers, thanks to some of the highest property-casualty insurance rate increases posted in years
Insurers Should Be Pivoting to Longer-Term Reinvention" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Insurers Should Be Pivoting to Longer-Term Reinvention">
Insurers Should Be Pivoting to Longer-Term Reinvention
Necessity has indeed been the mother of reinvention for the insurance industry these past few years, as most carriers were remarkably adaptive