Policy Expert has appointed Mark Wilson (pictured) as its new chair, effective this February.
The company, which provides home, motor and pet insurance to more than 1.5 million customers, aims to accelerate growth and strengthen its position in the UK insurance market.
Wilson has 25 years of experience in the insurance sector, having previously led AIA and served as CEO of Aviva from 2013 to 2018. He is also a non-executive director at BlackRock. His appointment follows a period of expansion for Policy Expert, which has seen an increase in policyholders and the introduction of its pet insurance offering.
In September 2024, the company secured investment from private equity firm Cinven, which acquired a 50% shareholding from a subsidiary of the Abu Dhabi Investment Authority. Wilson will support Policy Expert’s growth strategy, focusing on customer expansion, business development and potential mergers and acquisitions.
“Policy Expert is full of experts who love to get things done - that’s core to our successful track record and the reason we’ve been able to grow so consistently. Mark embodies this entrepreneurial and dynamic spirit, so we are hugely excited to have him join the team,” said Steve Hardy, CEO of Policy Expert. “His unparalleled market knowledge and business expertise will be vital in driving the next stage of growth as we look to expand the business and cement our position as the UK’s best insurance business.”
Commenting on his appointment, Wilson expressed his excitement to joining the company and is looking forward to helping the business succeed in its next stage of growth.
“Policy Expert is such an exciting business that stands shoulder to shoulder with far bigger and longer-established brands. Its profitable growth, customer-first approach and enviable culture all mark Policy Expert out as one to watch, whether you’re a customer seeking a better insurance policy or a budding technologist seeking an exciting career in one of the UK’s most successful insurers,” he said.