Reinsurance News

Steven Haasz to lead European expansion at INSTANDA

22nd May 2020 - Author: Matt Sheehan

Cloud-based digital insurance platform INSTANDA has announced the appointment of Steven Haasz as Partnerships and European Accounts Director to lead the business’ global expansion.

Haasz brings 30 years’ experience in broad financial services, with previous roles including Managing Director at Prudential European, Chief Operating Officer (COO) at Chubb Europe, and Global COO at AXA Corporate Solutions.

At INSTANDA, he will be responsible for driving the company’s expansion into Europe, focusing on Partnerships and Accounts on the continent.

Additionally, he will take on the role of Chief of Staff, working with the Senior Management Team on a broad range of topics including the offering to the life, GI and London markets.

“Being able to bring insurance products to market quickly and seamlessly whilst maintaining operational efficiencies has never been more important, particularly in light of the Covid-19 pandemic,” said Haasz.

“Yet the insurance industry is notoriously bogged down by monolithic legacy systems which stand in the way of achieving speed or agility when delivering the products that consumers really need,” he continued.

“INSTANDA provides a tangible solution to this challenge, working with insurers around the world to deliver products to market in a matter of weeks, as opposed to months. I am excited to join such a forward-thinking business and drive forward its global expansion into Europe.”

Tim Hardcastle, INSTANDA founder and CEO, also commented: “We are delighted to bring Steven on board to drive our expansion into Europe. His background and wealth of expertise will bring invaluable insight to INSTANDA and our clients, as we continue to expand our global footprint and work with our partners to transform the industry forever.

“The Covid-19 pandemic has shone a light on just how imperative it is for the global insurance industry to digitise,” Hardcastle added.

“As we emerge from this crisis, and consumer demands are changed forever as a result, insurers all around the world must be able to adapt accordingly and have business models in place that enable efficiency, agility and adaptability. Bypassing outdated legacy systems through the use of technology is the only way to achieve this. “

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