Lloyd’s of London chair Carnegie-Brown joins insurtech Cuvva

UK-based insurtech start-up Cuvva has appointed Lloyd's of London chaiman Bruce Carnegie-Brown to chair its board, succeeding Nick Parker.

Cuvva is an app-based insurance provider that enables its customers to purchase comprehensive short-term motor and single trip travel insurance.

The company said the appointment is a part of a series of strategic hires including ex-Allianz Partners CEO Serge Corel as director of partnerships, and Svetlana Novikova as finance director.

Carnegie-Brown is also the vice-chairman at Banco Santander, and was chairman of MoneySuperMarket until May 2019.

He said: “I’m excited to be joining Cuvva at a time when the insurtech disrupter is enjoying rapid growth as it builds out a customer-centric app-based platform, delivering tailored solutions for customers’ personal insurance needs and aiming to become the button on your phone for your insurance.”

Cuvva founder, Freddy Macnamara commented: “We’re delighted to welcome Bruce to chair our board. His unrivalled experience and industry knowledge will ensure we’re best placed to deliver our mission to help people live life on their terms.

“We’d like to thank Nick for his tireless contribution and commitment to Cuvva, playing a critical role in the company’s growth over the last four years.”

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