Ex-Allianz Personal chief executive joins Zego board

Former Allianz Personal chief executive Stephen Treloar has joined insurtech Zego’s board as an independent non-executive director.

He joins the board as the motor insurtech enters a new phase of growth, with it having exited the B2B market in a move to increase profitability.

Zego hopes to benefit from Treloar’s experience, with Aviva and Direct Line among firms he has worked for in addition to Allianz.

Sten Saar, chief executive at Zego, said: “Treloar brings a wealth of experience and a proven track record of successful leadership in the insurance industry.

“His advice will be absolutely crucial as we continue to deliver innovative products for our customers and growth for our shareholders.”

Experience

Treloar stepped down as chief executive at Allianz Personal at the end of June 2023.

He was appointed to the role in 2021, with the move seeing all Allianz UK personal brands coming together into one operating entity.

He was also the chief executive at LV= General Insurance, where he helped lead the venture that would see Allianz purchase the group.

Before this, Treloar worked in several senior roles at Aviva over a five year period, including managing director of personal lines.

And he has previously served on boards at the ABI, FCA and Motor Insurers’ Bureau.

Treloar said: “Zego has the potential to redefine motor insurance by offering a superior service to its customers through class leading technology.

“Having already proven its model for self-employed drivers and riders, I am excited to join the board as the company embarks on its next stage of growth.”

Saar concluded: “Zego is at the most exciting point in its journey yet. We are innovating at the crossroads of technology and insurance. With leaders like Treloar joining us, our future is incredibly bright.”