While much of the world considers itself ‘digitally savvy’, the insurance industry is still struggling to make the most of technologies that could, ultimately, save time and money while also accelerating growth.
The expansion of its global leadership team comes on the heels of a $210m series A funding round.
They will target the independent contractor and GIG worker market in the US.
The insurer hopes to increase its capacity in specialist risk segments and accelerate profitable growth in the UK.
The new CFO will help support its ambitious growth plans in the UK market.
The company says it has doubled the rate of automation in its insurance underwriting process.
The executive was also a founding executive at insurtech unicorn bolttech.
The insurtech has partnered with a number of top-tier companies including Swiss Re.
The executive is well-known in the industry for his deep understanding of both underwriting and technology.
The appointee will develop the regional underwriting strategy and product innovation in the region.