MCE says new leadership appointment 'critical piece of the jigsaw'

Motorcycle insurer  MCE has filled a new board level position to support its expansion and diversification into the insurtech sector as it commits to full digitisation.

Leonard Labinjo (pictured) has joined MCE's board as finance director, a strategic advisory role responsible for the company's finance function.

Labinjo brings 15 years of strategic financial management experience to MCE’s senior management team to help evolve and expand the business as an insurtech.

Labinjo's appointment is the second addition to MCE's leadership team in the last few months, following Paul Ormiston joining as claims director.

The company's chief executive Julian Edwards said: “Insurance is changing. There’s been so much talk in the industry about digitisation and the insurtech future – but I’ve seen little evidence of many businesses actually, culturally, taking that step and making it happen. Now we have taken that step, we have the technology to allow growth and diversification. Leonard’s appointment is a critical piece of the jigsaw, and I’m excited to have him joining the leadership team as we grow.”

Labinjo added: “ MCE has some fantastic corporate discipline, and I saw a senior management team with a real vision and passion for fully modernising the business. Clearly good financial governance and strategic insight is needed to do this – and that’s what excites me about this as a newly created role.”

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