Ki leadership team established ahead of launch
London-based Brit has appointed Mark Allan, who led the development of Ki over the last 18 months alongside Matthew Wilson, as the CEO of Ki (pronounced as key). Announced earlier this year, Ki Insurance is the first fully digital and algorithmically-driven Lloyd’s of London syndicate that plans to launch at the start of next year.
“Ki has established Brit at the forefront of innovation and has the potential to transform the Lloyd’s market and the wider insurance industry. Mark has played a fundamental role in the development of this vision since day one. We’re therefore delighted that he will be moving into the role of CEO, leading the business and enabling Ki to realise its ambition to redefine commercial insurance.” – Brit CEO Matthew Wilson.
“Ki’s launch marks a pivotal point in the digital transformation of our industry, and I’m delighted to be appointed as CEO. We have assembled a world-class team within Ki and in our partnerships with Google Cloud and UCL, and we have the full support of Brit and Lloyd’s behind the initiative. We have built Ki with the latest technology and a vision of providing a seamless follow capacity to our broker partners. The benefits of this transformative business model are dramatic and will enable follow business to be placed with ease. This is a true step-change for Lloyd’s.” – Ki CEO Mark Allan.