Reinsurance News

InsurTech start-up iX Technology Group appoints Executive Chairman

17th October 2018 - Author: Matt Sheehan -

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iX Technology Group, an InsurTech start-up company with a focus on blockchain, has announced the appointment of Sally Coryn as Executive Chairman.

sally-corynCoryn most recently served at Canopius as Head of Corporate Development, and has more than 30 years’ re/insurance market experience spanning strategy, analysis, investor relations, communications and underwriting.

She previously held a number of senior management roles at Lloyd’s, where she established both the Investor Relations function and Relationship Management department, before which she held board-level roles at St Paul Syndicate Management and Murray Lawrence Members Agency.

In her new role, Coryn will be responsible advancing the Group’s strategy as it develops new blockchain-based solutions for the re/insurance market.

Founded in 2017, iX Technology Group consists of its technology development subsidiary, iXLedger, and its insurance distribution subsidiary, iX Risk Solutions.

“This is a significant appointment for our Group as we build its presence in the InsurTech sector,” said Chief Executive Officer (CEO) Ingemar Svensson. “We are very pleased that Sally has become our Executive Chairman and I am confident we will benefit from her leadership and extensive insurance experience.”

Coryn also commented: “InsurTech is an exciting, fast-growing area which is driving innovation and modernisation across the insurance industry. By increasing trust, transparency and efficiency, blockchain technology can deliver enhanced customer service and cost-efficient business models.

“I am delighted to join a team with proven entrepreneurial and technology credentials and I look forward to working with them as we develop our strategy and product range,” she added.