Genworth taps new CIO

Henrico County-based Fortune 500 insurance company Genworth Financial announced Monday that Morris Taylor is its new senior vice president and chief information officer.

Taylor joins the company from Glen Allen-based Fortune 500 insurer Markel, where he had served as chief information officer since 2021. Before Markel, Taylor spent 25 years with McLean-based Capital One Financial, where he led the company’s largest acquisition and integration project.

In his new role, Taylor will report to Genworth President and CEO Tom McInerney and will be responsible for designing and executing a technology strategy that aligns company goals and long-term growth plans. Genworth says Taylor will also play a role accelerating digital innovation within the organization and partnering with senior technology leadership in Genworth’s U.S. Life Insurance, CareScout Services and CareScout Insurance businesses.

“I am inspired by Genworth and CareScout’s mission to empower families to navigate the aging journey with confidence, as well as the company values that resonate with my own — compassion, customer focus, teamwork and continuous improvement,” Taylor said in a statement. “Technology is a collaborative effort, and I look forward to delivering innovative customer-focused services and solutions that meet families’ needs in facing the challenges of aging.”

McInerney said in a statement that Taylor will be “a tremendous asset” as the company works “to deliver a technology-enabled and human-centered experience” for its customers.

A Genworth spokesperson said that Taylor is stepping into a newly created role, not succeeding someone.

Taylor holds a bachelor’s degree in finance from Virginia Commonwealth University.

Headquartered in Glen Allen, Genworth offers mortgage and long-term care insurance products. The company reported annual revenues of about $7.3 billion in 2024, down 2.58% from 2023’s roughly $7.5 billion in revenue. Genworth is also the parent company of publicly traded mortgage insurance provider Enact Holdings.