Global insurtech and provider of a cloud-based insurance distribution platform, Novidea, has named Adam Glasby as one of its new Programme Managers.
Glasby, who started his career as a software developer for Reuters Information Systems, brings 20 years of London Market experience towards his new role.
Most recently he served at Lloyd’s underwriter, Beazley, where he was Lloyd’s Part VII Programme Manager. Before that, he served as a consultant at Lloyd’s, as a data governance consultant at QBE.
In addition, Glasby has also held a variety of technical roles at Aon, Allianz, and ACE Group.
Moreover, Glasby’s appointment comes shortly after the recent hires of Paul Richmond, previously at broker Price Forbes, Lloyd’s insurer Ascot, and insurance IT firm DXC, Tom McFarland, formerly of AON and Sequel, Jamie McDonell, formerly of Marsh and Cytora, and Lesley Townsend, formerly of Miller.
Commenting, on Glasby’s appointment, Ben Potts, UK MD of Novidea, said: “Adam’s hire is part of Novidea’s strategy of scaling up our team and capabilities with experienced insurance industry professionals, with London Market and Lloyd’s experience, to support brokers and MGAs in the market as it accelerates its much-awaited digitalisation.
“We have seen increasing demand for our platform from the London Market, as the need to digitalise was brought into focus during the pandemic. Many firms managed, but at the same time realised that in a new hybrid working world people, including senior management, need to be able to work from anywhere, anytime in a cloud-based environment. Novidea’s platform provides the answer.”
Glasby, added: “I am excited to be part of Novidea’s rapid growth, with its clear vision for digital innovation in the London Market. Our customers can all benefit from end-to-end digital transformation, which enables broking on the move, both huge cost and time savings that can really transform the profit margins of some of the City’s biggest and fastest growing insurance firms.
“With increasing demand from brokers and MGAs for our platform, it’s a great sign that Novidea has been hiring so many people with London Market and Lloyd’s experience. It shows their desire to gain a deep understanding of the market’s digitalisation challenges and modus operandi.”
Furthermore, Glasby’s appointment also follows a series of other significant milestones for Novidea.
In June 2021, the company raised $30 million in a Series B round of fundraising, and in August 2021, Novidea joined the ACORD Solutions Group to help shape the future of the insurance market.