The insurtech’s co-chief executive says the new recruit is ’the right person’ to propel the business forward
Insurtech, Genasys has today (1 February 2022) hired former Duck Creek managing director of Europe Middle East and Africa (EMEA), Bart Patrick as its new chief revenue officer.
Patrick who joins the insurtech in this newly created role will also become a member of Genasys’s member of the executive team.
He will be responsible for leading the go-to-market strategy for the business in key target markets including the UK, Europe, Africa, and Latin America.
Genasys’s co- chief executive, André Symes, said: “What Patrick doesn’t know about insurance and technology isn’t worth knowing – his track record speaks for itself.
”Olivier and I are absolutely thrilled to have been able to attract someone of his calibre to our board. It says volumes about the quality of our proposition at all levels of the insurance market.
“He is exactly the right person help us propel Genasys forward and take our business to the next level.”
It follows Steve Symes stepping down as founder and chairman, and the insurtech securing £12.5m in funding in December 2021.
‘We do insurance’
During his 25-year career, Patrick has had roles across insurance business strategy, marketing, sales and delivery for companies including global analytics firm EXL, IT firm Tata Consultancy Services and computer software firm, SAP.
He said: “The insurance technology market is going through a bit of an epiphany. The ability to spin up an environment and launch an insurance product to the market with economics that support the business case right from the get-go is now essential. Get it done once, quickly and cost effectively is what insurance companies demand – and Genasys is all about deliver fast, succeed fast.
“I absolutely love the ethos of the business. It’s young, vibrant, committed and technologically smart but more importantly, its people are 100% focused on what insurance providers and their customers need now. When [Andre] Symes and Olivier say, ‘we do insurance’, they truly mean it. MGAs, brokers and insurers can all tap into this ethos, and we’ll help them deliver profitable products.”
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