M&A investors and specialists Pop Group Holdings has appointed Shannon Murphy as the Group’s Chief Information Officer (CIO), based out of Singapore.
Murphy’s remit will include spearheading all aspects of POP’s digital strategy, technology operations, information security, engineering, and service management across the firm’s global brands Fusion Specialty and io.insure.
Additionally, he will lead the platform development and delivery of io.insure, a M&A and specialty insurance online marketplace under POP.
Murphy will oversee the next-generation product and service offerings of the recently launched Mio™ that the company plans to expand globally later this year and in 2024.
David Rogers, co-founder and co-CEO of POP, commented, “Shannon’s appointment as Chief Information Officer is a strategic direction forward for POP, as we continue to prioritise high-quality enterprise-level digital innovation as a crucial component of our growth plans.
“With his guidance driving our data and technology-enabled M&A and specialty insurance ecosystem, we are well poised to deliver on our promises to clients and partners, and achieve positive impact on projects in the pipeline.”
Murphy has 30 years of experience in fronting technology roles across the industry, he was also formerly the Head of Technology at Amazon Web Services, developing cloud strategies for Singapore enterprises.
Prior to this, he was Chief Technology Officer at leading fintech MoneyHero Group, where he built the security practice, and led change management and digital transformation initiatives across the Greater Southeast Asia region.
Previously, he also served as the Chief Technology Officer for large insurers such as ING, AIG, and AXIS in Asia Pacific.
Killian McDermott, co-founder and co-CEO of POP, added, “We warmly welcome Shannon to our growing POP team, and we look forward to working closely with him to accelerate and scale our capabilities as we and our ecosystem partners digitise M&A, Financial Lines and specialty insurance globally. Shannon’s experience and specialist knowledge leading organisational digital transformations will be extremely valuable as we continue to pioneer the combination of specialty insurance and digital products, platforms and services development, which are revolutionising the insurance industry.”
Murphy said, “I am excited to join POP. They have an exciting mix of traditional insurance knowledge and digital product expertise and have successfully combined the two into a powerful insurtech offering that I believe is unique in the marketplace and sets the pace for digitisation of some of the most complex insurance products.
“Digital has become an imperative part of the insurance industry nowadays, permeating every touchpoint in the ecosystem. POP has been a pioneer in introducing these technologies across its brands to transform the insurance experience and fill the risk protection gap. I look forward to continuing this great momentum to bring industry-leading innovations to our customers and partners, across POP’s global markets in Asia Pacific, the US, and the UK.”
