Yep, October is here. Brace for some sort of financial sector meltdown this month, it’s the usual pattern. Meanwhile, here are the latest job moves and senior appointments for you;
GATELEY SMITHERS PURSLOW
Gateley Smithers Purslow (GSP), the multi-disciplinary surveying, engineering and architecture practice arm of professional services group, Gateley, has appointed Tim Neaves, as regional manager to head up its East Anglia operation.
Neaves, a chartered building surveyor, joins the practice with more than 25 years of experience in the built environment.
He has spent the last 17 years at Bidwells managing a wide range of building surveying instructions including dilapidations, refurbishment and fit out work predominantly in the industrial and office sector, along with pre-acquisition surveys for listed properties. Neaves also specialises in building pathology and advising clients on building defect solutions.
FIDUCIA
Specialty insurance managing general agent (MGA) Fiducia has appointed a new senior development underwriter to grow its engineering team to meet rising broker and client demand. Rachel Lilliott joins the Leeds-based MGA having previously worked for ATC Insurance Solutions in Victoria, Australia, where she held the position of senior underwriter. She also worked for leading Australian insurer Wesfarmers.
With 12 years’ experience, Rachel is a specialist in contractors’ plant and machinery underwriting and regularly liaises with various Lloyd’s syndicates.
Commenting on her appointment, Rachel said: “Fiducia’s client-first approach is a true differentiator which has enabled the business to establish a strong reputation for positive service and competitive pricing. The company’s standing within the UK MGA market was a key factor in me deciding to join Fiducia. Now that I am here, I am enjoying actively supporting our clients and brokers on their engineering product requirements whilst also building new relationships.”
Rachel’s appointment has grown Fiducia’s engineering team to 5 underwriters, further enabling the company to efficiently support its clients and brokers.
CFC
CFC has announced the appointment of Clair Healy to the newly created role of Distribution Manager, Ireland, based in Limerick.
Over the past 20 years, CFC has been growing its broker relationships in the region year on year and it is now a top five market for the business. To support the thriving Irish insurance community, Clair has returned home to her roots and will be responsible for managing CFC’s growing relationships with its broker partners across the island of Ireland.
“It’s great to be back on home soil and have boots on the ground in this rapidly growing market for CFC,” said Healy, commenting on her new role. “Ireland is a global hub for life sciences, medical devices, fintech and IT companies to name but a few. These emerging high growth sectors need to align with insurance markets who understand their different needs and proactively seek to cover the exposures they face, not just today but tomorrow. That’s what CFC is all about.”
An experienced PI broker and underwriter, Clair joined CFC in 2015, underwriting Tech E&O, cyber and media for businesses around the world, including Ireland, before moving into the distribution management team three years ago.
Clair will be hosting the CFC stand at Meet the Market Day at RDS, Dublin, on 5th October.
JENSTEN
Following a period of sustained acquisition success, Jensten has appointed Matthew Gibson as Group M&A Director. Gibson has 20 years’ experience in the broking sector in senior Finance and M&A roles, focusing solely on M&A since 2013. He was the M&A Director at Ethos Broking, and for the last 3 years has led on M&A at Ardonagh Advisory.
The appointment adds firepower to Jensten’s senior team and comes as the business prepares to announce further acquisition deals. Gibson will lead the group’s M&A strategy, which will see Jensten continue to acquire high-quality broking businesses, bolstering existing regional and specialist centres of excellence and creating new ones.
PRAXENT
Praxent, a financial services digital consultancy and development firm with more than two decades of experience, continues to grow its leadership team, appointing Robin Smith as Chief Revenue Officer. Smith brings decades of financial services and digital transformation expertise as well as a deep-rooted passion for financial technology. In this role, he will scale the sales organization for both new and existing relationships.
Smith joins Praxent from Mambu, where he served as Vice President of North America. Over the course of his career in financial services technology he has helped software and consulting firms not only bring mission critical solutions to life for their customers, but his efforts have led to generating over $1B in revenue for the companies he’s worked with. Smith also previously served as Vice President of Sales for Oracle, where he was responsible for license, services, and SaaS sales, including core banking solutions, lending solutions, payments solutions, and revenue management solutions.
MEA
mea, the AI powered processing platform for the global insurance industry, has today announced the appointment of Graeme Asquith as UK Managing Director. This is a new role reflecting mea’s rapid global growth and the huge opportunity that intelligent process
automation represents for the insurance industry.
Graeme joins mea from Accenture, where he was Data and AI leader for Insurance, helping clients in the London Market and retail sectors transform their businesses with applied data science and machine intelligence. He joined Accenture after their acquisition of Mudano, a specialist data and AI financial services consultancy where he was Chief Customer Officer.
As UK Managing Director, Graeme will lead the business in the UK market, and will be responsible for spearheading business development initiatives, forging key partnerships, and driving the expanded use of mea platform in the UK market. He will work closely with mea’s industry experts and technologists to shape and deliver solutions that drive efficiency within insurance businesses.
MOTABILITY
Motability Operations has appointed Tim Harris as its Insurance Director, responsible for the insurance activity of more than 700,000 customers on the Motability Scheme, as well as the company’s captive, MO Reinsurance Ltd. Tim has a long history of success in the insurance industry and starts his new position in October.
Motability Operations runs the Motability Scheme, helping disabled people and their families access independent mobility by providing cars, wheelchair accessible vehicles, scooters, and powered wheelchairs, in exchange for their mobility allowance. The company is the largest vehicle leasing organisation in the UK.
Tim Harris said, “I’m thrilled to be joining Motability Operations and to begin this role at such a customer-centred organisation. I’ll be working to ensure the insurance provision delivers for customers, as well as providing oversight of the reinsurance captive, MORL.
IS2
IS2, a leading independent digital trading and distribution platform for the general insurance market, has today announced the appointment of Lucy Hill as its new Business Development Director, as it drives forward its ambitions for growth.
Lucy joins IS2 from Applied Systems and brings with her two decades of experience in the insurance technology market. Lucy’s background in both technology and finance, as well as her innate understanding of how to help insurers, brokers and MGAs solve complex business problems and maximise their digital transformation investment, means she is poised to support IS2’s growth plans.
Established in 1996, IS2 has been delivering innovative digital solutions for Insurers, Insurtechs, MGAs and Brokers for nearly 30 years. Profitable and growing it saw a 30% increase in revenue in 2022 and works with leading brands including Hiscox and Markel. IS2 has a long and successful track record of supporting its clients in achieving their digital ambitions.
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