SchemeServe looks to tap opportunity in insurtech space

SchemeServe, a cloud-based provider of insurance software, has roped in experienced insurance professional Lloyd Hanks to help the business capitalise on new opportunities in the insurtech space.

During his 40-year insurance career, Hanks has held senior managerial positions at AXA, London & Edinburgh, Groupama, Allianz, Tempcover and ran two broking firms. He runs his own insurance consulting firm LAH Consulting and is a non executive director on various boards.

Hanks will use his network and years of industry experience to advise the board and become an ambassador for SchemeServe, helping to raise awareness about the brand amongst brokers, networks, consolidators and MGAs.

SchemeServe said that it is planning to expand its operations in the coming months to further capitalise on new opportunities in the growing insurtech space.

Hanks said: “I’m delighted to join the SchemeServe family. It is a great innovative business with a great proposition that gets brokers to market quickly. It is a feature packed, robust and secure trading platform for schemes business, delivered in around 10 days for pin number not phone number size figures – superb! I’ve been a broker myself and worked for brokers for many years. I know the most painful IT experiences revolve around speed and cost of delivery and having to speak to people that don’t understand underwriting. SchemeServe eradicates those pain points. It has been an established InsurTech now for nearly a decade; in that time showing growth, true innovation and resilience. I look forward to helping them spread the word!”

Adam Bishop, CEO and founder of SchemeServe, added: “I warmly welcome ‘Hanksy’ (as he is affectionately known in the market) to our Advisory Board; I look forward to a long and fruitful relationship. His market knowledge and network are immense, and he has already made some excellent introductions for us. Never before has the industry seen such demand for technology solutions capable of driving real practical change in the efficacy of insurance. As a result, we’re making a significant investment this year in our sales and marketing and growing the advisory board is a key part of that growth strategy.”