Root reveals leadership appointment amid UK expansion plans

Root Platform, the innovative low-code, end-to-end insurance technology platform provider, has announced a new addition to its leadership team.

Root Platform, the innovative low-code, end-to-end insurance technology platform provider, has announced a new addition to its leadership team.

The firm has revealed that Alex Astengo has joined its ranks as UK Country Manager, and he is set to spearhead the firm’s UK expansion, according to FF News.

Based in London, Astengo will bring valuable expertise to Root, having previously worked with SaaS platform-based businesses catering to insurers, MGAs, and brokers. His recent role as Head of Sales in the UK at Cloud Insurance and his prior position as Chief Commercial Officer for SchemeServe Insurance Software underscore his in-depth knowledge of the industry.

Root is a dynamic player in the insurance technology sector, offering a comprehensive platform designed to streamline and enhance digital capabilities for insurance businesses. The company aims to position itself as the go-to platform for insurers looking to bolster their digital offerings.

Louw Hopley, CEO and Founder, Root, said, “Bringing Alex in is really exciting for us. We waited for the right opportunity to enter the UK market and, now we have, Alex will spearhead our UK capabilities in terms of providing companies with the necessary building blocks to run a modern insurance programme. He brings a wealth of highly relevant market experience to our business and we are delighted to welcome him to the Root team.”

Alex Astengo, Country Manager UK, added, “I am delighted to join Root in what is an exciting time for the business as it seeks to expand its presence in the UK. My experience in working with SaaS platform-based businesses has taught me that the insurance industry is poised for – and in need of – change, and Root can play a significant role in bringing about meaningful and positive change for the benefit of companies and their customers.”

To read the latest breaking InsurTech stories as they happen visit www.insurtechanalyst.com

Keep up with all the latest FinTech news here.

Copyright © 2024 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.