Iotatech Ltd [Iotatech], the general insurance technology disruptor, has appointed Sue Balcombe to the Board as chief delivery officer.
Sue, who begins her new role today, has over 20 years’ experience in leading and driving business and technology changes across a number of industries, primarily insurance, where she has helped deliver major projects to many of the UK’s top insurers, MGAs and brokers.
Mick Sargeant, Iotatech CEO said: “Sue is a formidably experienced IT professional with an outstanding track record of achievement in our sector. The digital opportunity for insurance has accelerated rapidly as a result of the pandemic, and Sue will be at the heart of our efforts to expand our footprint in digital insurance administration and data analytics, which have become key priorities for insurers seeking to reduce their costs and improve customer experience.”
Sue Balcombe said: “This is a great time to be joining the board of the Iotatech team. Covid-19 has underlined that sticking plaster solutions for insurer legacy systems are a false economy. The digital world has moved on too far and too fast. A fresh approach is required, and I am looking forward to helping Mick and the team build further momentum for this exciting business.”
Mick explained that Iotatech delivers a next generation pay-per-use insurance platform. The disruptive technology, designed using Microservices, Open API and Artificial Intelligence, is an Internet of Things (IoT)-ready, intelligent pay-per-use solution, available via Amazon Web Services as Software-as-a-Service.
Sue will join the Iotatech Board from 16th November