Previsico, the live flood forecasting InsurTech spun out of Loughborough University, has named Mark Trumper as its new chief executive officer to steer the company through its next phase of international growth.
Trumper joins from Axco Insurance Information, where he spent five years as managing director. His appointment sees him take responsibility for shaping company strategy, overseeing day-to-day operations, and expanding Previsico’s footprint across the UK, the US, and further international markets.
He succeeds Jonathan Jackson, who is stepping down from his full-time executive position having guided the business through a significant period of development. Jackson will remain connected to the business on a transitional basis for the foreseeable future.
Previsico delivers real-time surface water flood forecasting, offering early warnings of up to 48 hours to allow insurers, businesses, and property owners to take proactive steps to reduce flood-related damage.
The company brings together proprietary forecasting technology, live hydrodynamic modelling, hyperlocal predictions, and IoT sensor systems, the product of more than two decades of academic research originating at Loughborough University, where the business was founded in 2019. Its client base spans major insurers including Zurich, Liberty, and Generali, large corporations such as Rail Track and United Utilities, global brokers including Marsh, and a number of government agencies.
Previsico outgoing chief executive Jonathan Jackson said, “Previsico has reached an exciting stage in its journey and I am delighted to be handing over the business as it evolves into a true scale-up organisation. Mark brings a wealth of experience, strong insurance market connections, and a great track record of leadership, and I look forward to supporting him during the transition and beyond.”
Previsico chairman David Marock said, “As a market-leading flood forecaster, we are delighted to welcome Mark as CEO. He is a wonderful successor to Jonathan and brings exactly the right leadership experience to guide the business into its next chapter. On behalf of the Board, I would also like to thank Jonathan for his outstanding contribution as CEO, and we are pleased he will continue to remain involved in support of Mark and the wider business.”
Previsico incoming chief executive Mark Trumper said, “I am thrilled to join Previsico at this exciting time of international expansion, following great traction gained with UK insurers and corporations, and early success in the US.”
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