19th November 2024
Open GI today announces the appointment of Peter Thompson as its chair, effective immediately.
Peter is a seasoned industry leader with experience in growing general insurance businesses through adopting emerging technology and leading high-performance teams to deliver outstanding customer propositions.
His career includes 17 years at BGL Insurance, with the latter five as CEO. He led its motor and home intermediated business to reach c.£1bn million gross written premium, delivering profitable growth and culminating in a successful sale to Markerstudy Group. Other experience includes leadership roles within HBOS and RSA Insurance.
As CEO of BGL Insurance, Peter oversaw technology roll outs – including API integration with distribution partners – and initiatives to harness machine learning and artificial intelligence to drive operational efficiencies and commercial growth.
Peter commented: “Open GI is a pioneer in general insurance software solutions. Its reputation as a trusted partner that digitally connects the insurance community is well deserved. The business has a tremendous opportunity to grow through customer-focused innovation and I’m pleased to be joining the Board as the business looks to achieve its ambitions.”
Simon Badley, Open GI CEO, commented: “On behalf of the entire Board, I am pleased to welcome Peter to Open GI. He brings hugely valuable expertise and perspective to our business. Having worked throughout the industry for over three decades, he fully understands the large opportunity we have to help businesses use technology to build scale and grow stronger. We look forward to working closely with him.”
