Leading insurance software solutions provider, Genasys, has announced the appointment of David Williams as chairman. He succeeds Genasys founder, Steve Symes, who is stepping back and taking on a new role as non-executive director on the board.
Following a 17-year career with UK-based private equity house, 3i plc, David has pursued a career as CEO and more recently chair of a range of businesses with a variety of ownerships including software scale-up investor Frog Capital, who recently took a significant stake in Genasys. David remains part of the Frog team as an operating partner.
Commenting on his new role, David Williams said: “I am honoured to take up the baton from Steve. He laid the foundations for what has now become an industry leading modular state-of-the-art platform, now ably led by Andre Symes and Craig Olivier. It’s an incredibly exciting time to join the business as the insurance industry steps on the digital accelerator and Andre, Craig and I see boundless opportunity for Genasys to grow. I look forward to working with them to hone their plans and create a sustainable roadmap for the coming years.”
Genasys co-CEO, André Symes, said: “Craig and I are delighted to welcome David to the board as our new chairman. He not only understands our industry and its direction of travel, but more importantly he is totally invested in our business model of building sustainable growth and helping insurance providers deliver real change that will benefit their customers. David brings a fresh a pair of eyes and unparalleled business experience to our board. We know he will constantly challenge us to ensure we’re making the right decisions, but will also be there to support the implementation of those decisions. We can’t think of a better person to keep us on track as we scale-up our business.”
Genasys’ dynamic SaaS platform is unique in providing modularised end-to-end policy administration and claims solutions for insurance business across the full spectrum of the industry.
With over 350 pre-configured products ranging from P&C, life, medical and specialty and hundreds of API end points enabling hyper-configurability across the insurance ecosystem, Genasys is helping its customers bring about innovation and quickly delivering new products to its rapidly evolving consumer base.