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27 June 2024 Insurance

AXA veteran to fuel MGA Optio’s global ambitions as new CEO

Specialty MGA Optio Group has tapped a senior AXA leader with a history at Hiscox and Aon as new chief executive officer (CEO) to spearhead global expansion plans.

The hire spent nine years at AXA, most recently as commercial director. He also boasts experience from Hiscox and Aon.

Deepak Soni (pictured) joins Optio Group as chief executive officer. The company he will lead Optio through its next phase of global expansion and profitable growth, both organically and through strategic acquisitions.

Soni held multiple senior positions at AXA and oversaw its SME, direct-to-consumer, delegated authority, and specialty lines businesses. Prior to joining AXA in 2015, he spent nine years at Hiscox in various senior roles, including head of Hiscox direct commercial, following an early career as a broker at Aon for three years.

Matthew Fosh, executive chairman of Optio Group, said: “I am delighted to announce Deepak’s appointment as the new CEO of Optio Group. He brings an impressive track record of driving profitable growth and has demonstrated exceptional leadership capabilities throughout his 20-year career in senior roles. Deepak joins us at a pivotal time in Optio’s development, and I am confident he will help us seize opportunities for further profitable growth under his leadership.”

Soni commented: “I am thrilled to be joining Optio and to lead the next phase of its development. Optio’s strong position in the specialty market provides an excellent foundation for growth, and I look forward to working with the talented teams within the business. Together, we will continue to deliver outstanding products and services to the global insurance market, driving innovation and success.”

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