Insurtech company Cuvva has appointed the Lloyd’s of London’s Bruce Carnegie-Brown as chairman. He succeeds Nick Parker, who has served at this role with Cuvva since the firm was established.

Carnegie-Brown brings over three decades of experience in the insurance, banking and asset management sectors. Alongside Lloyd’s, he is also vice-chairman at Banco Santander and president of the Chartered Management Institute.

Prior to that, he was chairman of MoneySuperMarket. He also served as non-executive director at Santander (2012-17) and JLT Group 2016-17), chairman at Aon UK (2012-15). He also worked for firms such as JP Morgan, Marsh and Catlin Group.

Carnegie-Brown said: “I’m excited to be joining Cuvva at a time when the insurtech disrupter is enjoying rapid growth as it builds out a customer-centric app-based platform, delivering tailored solutions for customers’ personal insurance needs and aiming to become the button on your phone for your insurance.”

Cuvva founder and chief executive officer, Freddy Macnamara commented: “We’re delighted to welcome Bruce to chair our board. His unrivalled experience and industry knowledge will ensure we’re best placed to deliver our mission to help people live life on their terms.

“We’d like to thank Nick for his tireless contribution and commitment to Cuvva, playing a critical role in the company’s growth over the last four years,” he added.

This is the latest of a recent series of hires made by the firm, which include former Allianz partners, chief executive officer Serge Corel, appointed as director of partnerships; and Svetlana Novikova, formerly with Revolut and Zego, as finance director.

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