London-headquartered insurance management system provider Genasys has announced the appointment of David Williams (pictured) as its new chairman.
He takes over the position from founder Steve Symes, who will be taking on a new role as non-executive director of the board.
Williams has held key executive positions for several major industry players, most recently as chairman of specialist software scale-up investor Frog Capital, which owns a significant stake in Genasys. He will maintain his position as operating partner for Frog Capital.
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“I am honoured to take up the baton from Steve,” said Williams. “He laid the foundations for what has now become an industry leading modular state-of-the-art platform, now ably led by André Symes and Craig Olivier.”
“It’s an incredibly exciting time to join the business as the insurance industry steps on the digital accelerator,” he continued. “[The leadership team] and I see boundless opportunity for Genasys to grow. I look forward to working with them to hone their plans and creating a sustainable roadmap for the coming years.”
Managing gross written premium in excess of £1 billion, Genasys enables hyper-configurability across the insurance system. The five-star insurance technology provider has more than 350 pre-configured products ranging from property and casualty, to life, medical, and specialty.
“[We] are delighted to welcome David to the board as our new chairman,” said André Symes. “He not only understands our industry and its direction of travel, but more importantly he is totally invested in our business model of building sustainable growth and helping insurance providers deliver real change that will benefit their customers.”
“David brings a fresh a pair of eyes and unparalleled business experience to our board,” he added. “We know he will constantly challenge us to ensure we’re making the right decisions but will also be there to support the implementation of those decisions. We can’t think of a better person to keep us on track as we scale-up our business.”
