Reinsurance News

Demex Group hires Bill Clark as its new CEO

16th September 2022 - Author: Jack Willard -

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The Demex Group has named Bill Clark as its new Chief Executive Officer (CEO).

As a highly regarded technology executive with more than 20 years of market creation and operation leadership at both VC and PE-backed companies, Clark will bring a strong level of knowledge and experience towards his new role.

As CEO Clark will leverage his expertise in technology company operations and his passion for identifying unique market opportunities to lead Demex through its next growth phase.

At the same time, he will also be focusing on opening and expanding go-to-market channels, scaling the sales and innovation functions, as well as strengthening relationships with key partners and customers.

Throughout his career, Clark has successfully led multiple companies through key transition phases and major growth. In his most recent role as President and CEO of Engageware, he led the organization to its highest level of sales and profitability in its 20-year history.

Addressing his appointment, Clark said: “Demex is approaching financial resilience for ever-increasing climate risks in a unique way. I am excited to add my experience leading companies through critical growth phases to Demex’s proven solutions for insuring climate risks. I am thrilled to join the organization.”

Demex Founder Ed Byrns, commented: “Since launching at the start of 2020, Demex has pioneered a unique platform for transferring climate risk that is built on sophisticated proprietary financial modeling and developed in partnership with our capacity providers and our end-customers. Bill’s leadership will elevate Demex as an integral cornerstone in the marketplace for climate risk transfer.”

Ruth Foxe-Blader, Partner at Anthemis, added: “Demex is clearly poised for scale thanks to the many achievements of the founders and the entire team. Bill’s contributions will focus Demex’s world-class team to amplify solutions in the rapidly growing market exposed to extreme weather events.”

Hank Hattemer, Partner at Blue Bear Capital, said: “Bill brings decades of success in strategic growth and marketing to compliment the Demex team’s experience in tech, finance, risk management, capital markets, insurance, and climate science. Bill is ideally suited to lead Demex to strengthen customer income statements in the face of weather volatility.”