Insurtech Previsico hires ex-Charles Taylor CEO to help scale business

UK-based flood forecasting insurtech  Previsico has hired former Charles Taylor group CEO to help scale its business globally.

David Marock (pictured) will join the insurtech firm as its chairman. He will support the executive team to grow the UK business and scale into the live flood forecasting space.

The appointment follows Previsico’s recent £1.75 million seed plus funding, led by Foresight Group, a listed private equity and infrastructure investment manager, to support its product development, team expansion, and sales growth, in the UK and beyond.

Marock was previously Group CEO of Charles Taylor, a global insurance services and technology business. Prior to his nine-year term there, he served as a senior advisor to McKinsey & Company, working with clients from across the global financial services space, including Bought By Many (pet insurer), Goodlord (proptech), and TruEra (AI business). Previously, he also worked for specialist insurer Beazley, where he was group COO, a group ExCo member, and on the Beazley Furlonge board.

Jonathan Jackson, chief executive officer of Previsico, said: “ Previsico is committed to scaling the business globally and working across the industry with insurers, brokers, and insurance services businesses to do so. David’s vast experience and stellar track record scaling fast-growth technology businesses in the insurance and technology spaces make him a perfect fit for Previsico. We are delighted to have him onboard.”

Marock commented: “ Previsico’s market-leading analytical and predictive tools are particularly well positioned to help insurers and their end-clients anticipate and mitigate the impact of floods. The importance of which is only likely to grow as climate change means that weather-related CAT events will become more frequent and potentially more damaging, if action is not taken to mitigate their impact.

“I am really excited, therefore, to work with Jonathan, Dapeng, Avi, and the team, all of whom I have enjoyed getting to know, to enable Previsico to achieve its full potential and make a real difference in the world of flood prediction and risk management.”

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