Specialty managing general agent (MGA) Optio Group has announced the appointment of Insi Davenport to the newly created executive role of group chief risk officer (CRO), effective immediately.
With more than 25 years of industry experience, Davenport’s expertise spans enterprise risk management, regulatory compliance, operational risk and M&A.
Prior to joining Optio Group, she held the position of group chief risk officer at Lucida Group, where she played a pivotal role in establishing robust frameworks for governance, risk management and compliance.
She successfully integrated these frameworks across all business units, enhancing the organization’s overall risk management capabilities.
Prior to joining Lucida Group in 2021, she held a number of senior risk and compliance roles at HSBC Insurance Brokers, Barbon, HWF Partners and Ardonagh Group.
In her new role at Optio Group Davenport will be based in London and report to CEO Deepak Soni, who commented: “I am thrilled to welcome Insi to Optio, who will strengthen our ability to deliver exceptional products and service to our customers and broker partners.
“Her extensive expertise and experience will be especially valuable as Optio continues to grow in the UK and internationally.”
Davenport added: “I am delighted to be joining Optio at such an exciting time in its development. I look forward to working closely with Deepak and Matthew to ensure robust controls and strategies are in place to manage risk as the group continues to expand.”
This is the third newly created senior role at Optio, part of its international expansion, it follows the appointments of Marc Van der Veer as MD, Europe, and Joanna Eilts as head of legal.
