Insurwave appoints Ken MacDonald as adviser in marine and specialty
London-based insurtech platform Insurwave has appointed industry veteran Ken MacDonald as an adviser to enhance its marine and specialty capabilities. He will advise on bringing Insurwave’s solutions across the insurance sector, with a particular emphasis on the marine sector.
Insurwave said the appointment was a “strategic move to bolster Insurwave’s marine portfolio while paving the way for continued expansion into other specialty verticals”.
“We’re delighted to have Ken join our team. He has first-hand experience of working with Insurwave and understands the power of the platform. Ken’s experience in specialty insurance, and in advising large corporations and captives, compliments our growth strategy. We look forward to his insights and input to add to our momentum,” said David Power, CEO of Insurwave.
MacDonald brings over 35 years of experience to Insurwave, particularly in the London insurance market, where he held senior positions at Aon and Miller Insurance in broking, captives and alternative risk transfer within the global large corporate segment, before setting up his own consulting business.
Most recently, he served as executive chairman of three of Miller’s business units: marine and energy, special risks, and reinsurance, together with leading its corporate development team.
Insurwave said: “Throughout his time working with insurance companies, corporates, and brokers, Ken has experienced the inefficiencies that come with using outdated data management practices. Having worked directly with Maersk, Miller, and Insurwave in the past, Ken has witnessed firsthand how Insurwave’s platform can bring the entire insurance ecosystem together to streamline the data management process and help clients continue to innovate.”
MacDonald said: “I’m pleased to be working with Insurwave at this pivotal moment. There’s a clear need for insurance companies to streamline processes, and I’ve seen first-hand the transformative impact Insurwave can have on firms. I’m looking forward to leveraging my experience and relationships to elevate Insurwave’s presence and facilitate its expansion into new markets.”