Atec Group, the insurance distribution and growth platform, has announced the appointment of Steve Woodford as its chief technology officer (CTO).
Woodford previously served as chief information officer (CIO) for BGL Group and CompareTheMarket.com, where he played a key role in the platform’s rise to become the UK’s leading aggregator site, according to FF News.
Atec Group specialises in tech-driven insurance distribution and niche product and channel development.
Its operations include Ceta, a digital personal lines broker, and MGA Arkel. The business designs, distributes, and underwrites a wide range of home and leisure insurance products, serving over 350,000 policyholders in the UK’s wholesale and retail personal lines market.
Woodford is a seasoned C-suite executive with over 30 years of experience in technology-enabled business transformation across regulated sectors.
His career includes director roles at BGL Group, NHS England, PwC, and tech startups. In addition, Steve serves as a non-executive director (NED) and expert advisor to NHS England, contributing to the organisation’s digital transformation, cyber security, and risk strategies.
He will replace Andy Brown, Atec’s outgoing head of technology, who is retiring after a long and impactful tenure. Brendan Devine, CEO of Atec Group, expressed his gratitude to Andy for his contributions and best wishes for his retirement.
Speaking about Steve’s appointment, Brendan Devine said, “Atec already enjoys a market-leading position in some of our niche lines markets, but we have significant headroom. Following our recent acquisition by Perwyn, we are now embarking on the next stage in our growth plan that will see us triple in the next 5 years to become a top 10 insurance broker. We’re delighted to welcome Steve to the fold. Together with the rest of the management team, we are amassing quite the dream team!”
He added: “The tech and data that we have sitting behind Atec is more akin to the largest insurers. Steve’s highly experienced and wise counsel will ensure that our technology and skills remain at the forefront, in line with our organic and M&A growth ambitions and helping to ensure that the businesses we acquire are onboarded and integrated seamlessly.”
Keep up with all the latest FinTech news here
Copyright © 2024 FinTech Global
