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23 August 2021Insurance

Brit's Lloyd's syndicate Ki unveils first chief technology officer

Brit's algorithmically-driven, follow-only Lloyd's syndicate  Ki has created a new role of chief technology officer (CTO) to lead its tech strategy and execution, including its engineering function, to help further digital trading in the market.

Richard Hodgson has been appointed as CTO, reporting into development director James Birch. He will also sit on Ki's executive committee.

Hodgson has 18 years’ experience in technology, with significant expertise in building UX (user experience), working with complex data sets and developing algorithmic business models. Previously, he was CTO of Bricklane, an online residential property investment platform where he was a member of the founding team. Prior to that, he held technical architect and senior engineering roles at Conde Nast and the BBC.

Mark Allan (pictured), CEO of Ki said: “At Ki, we are taking a technology first approach to underwriting. We are therefore delighted that Richard joins Ki in the newly created role of CTO. Richard will bring an entrepreneurial approach and proven experience in scaling technology in a high-growth business as we look to continually explore new opportunities to provide a best-in-class and differentiated digital service to the market.”

Birch added: “Bringing in a highly regarded CTO in Richard exemplifies our technology-enabled approach to underwriting. I look forward to working with Richard, who has the relevant experience to provide vision and leadership in implementing the technological development needed to support of Ki’s strategic vision.”

Hodgson commented: “ Ki represents a unique opportunity to apply a technology driven mindset to a well-established market. What the Ki team have achieved to date is unique for the market and illustrates a case study for success in the UK start-up ecosystem. I'm excited to join Ki's talented team in further developing the platform and helping to grow the business.”

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