Insurtech conglomerate POP Group Holdings (POP) has welcomed technology veteran Shannon Murphy to its leadership team as its new group chief information officer (CIO).
Based in Singapore, Murphy (pictured) has 30 years of experience fronting technology roles in the insurance industry, having served as the chief technology officer for major insurers such as ING, AIG, and AXIS in Asia-Pacific. He is an expert in data strategy, automation, DevOps, and IT architecture strategy.
Murphy was the head of technology at Amazon Web Services, where he developed cloud strategies for Singapore enterprises. Most recently, he was the chief technology officer at fintech MoneyHero Group, where he built the security practice and led change management and digital transformation initiatives across the Greater Southeast Asia region.
As POP’s new group CIO, Murphy will lead all aspects of the group’s digital strategy, including technology operations, information security, engineering, and service management across its global brands Fusion Specialty and io.insure.
Murphy will also lead the platform development and delivery of io.insure, including oversight of next generation product and service offerings such as Mio™, launched in New Zealand in August 2023 following successful rollouts in ANZ, the US, and the UK. POP will expand Mio™ to other countries later this year and in 2024.
Killian McDermott, co-founder and co-CEO of POP, said Murphy’s experience and specialist knowledge leading organisational digital transformations will help POP pioneer the combination of speciality insurance and digital products, platforms, and services development.
“We warmly welcome Shannon to our growing POP team, and we look forward to working closely with him to accelerate and scale our capabilities as we and our ecosystem partners digitise M&A, financial lines, and specialty insurance globally,” McDermott said.
Commenting on his appointment, Murphy said: “I am excited to join POP. They have an exciting mix of traditional insurance knowledge and digital product expertise and have successfully combined the two into a powerful insurtech offering that I believe is unique in the marketplace and sets the pace for digitisation of some of the most complex insurance products. Digital has become an imperative part of the insurance industry nowadays, permeating every touchpoint in the ecosystem. POP has been a pioneer in introducing these technologies across its brands to transform the insurance experience and fill the risk protection gap. I look forward to continuing this great momentum to bring industry-leading innovations to our customers and partners across POP’s global markets in Asia-Pacific, the US, and the UK.”
