INSTANDA, the global provider of no-code insurance platform technology, has appointed Kevin Gaut as its new Chief Technology Officer (CTO). With over 25 years in senior technology leadership roles spanning UK, US and Asia across both Insurance and Financial Services, most recently as Chief Technology Officer (CTO) at Finova and previously at SSP and Legal & General, Kevin brings a wealth of expertise and experience to INSTANDA.
In his capacity as CTO, he will drive the platform and ecosystem strategy for the Group, leverage the INSTANDA future proofed architecture for client value and seek to shift industry opinion around value drivers of no-code over low code. Kevin's primary responsibilities will include working closely with existing and prospective clients to identify new and exciting growth opportunities within the insurance technology market using the INSTANDA platform. In collaboration with INSTANDA’s Co-founder and CEO, Tim Hardcastle and the rest of the Senior Management Team, he will ensure the INSTANDA platform remains at the forefront of insurance evolution by leveraging investments already made in embedded insurance propositions, building ecosystems and real time data insights.
Kevin’s appointment as CTO marks an exciting chapter in INSTANDA's journey of transforming the insurance industry. With his strategic outlook and exceptional leadership, Kevin will work with his team to continue to find ways to transform the way insurers operate, enabling them to respond swiftly to market demands, and elevate their customer experience to new heights.
The appointment of Kevin Gaut comes one year after INSTANDA announced its $45m fundraising deal led by Toscafund, a European growth equity investment firm for financial services companies.
Commenting on his appointment, Kevin Gaut said:
“Often the phrases no-code and low-code are used interchangeably, but in my experience the two are very different, low-code you are still in the world of IT change, however, with INSTANDA we have a truly no-code solution, the business are in total control. I am excited to join INSTANDA and become part of a company known for its innovation and commitment to transforming the insurance industry. INSTANDA’s no-code platform is proven to enable insurers embracing digital transformation and delivering exceptional customer experiences. I look forward to leading the team, driving change that will continue to revolutionise the way insurers innovate and interact with their clients – ultimately creating better outcomes for all.”
Tim Hardcastle, CEO and Co-Founder of INSTANDA added:
"We are delighted to welcome Kevin as our new CTO. His extensive experience and proven track record in driving innovation make him the ideal leader to enhance our platform and create even more value for our clients. With Kevin's strategic vision and expertise, we are well-positioned to accelerate our growth plans and continue to empower and enable insurers from across the globe to create positive change for their businesses and end customers."
Images and further interviews with the team available on request
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INSTANDA works with the leading carriers, MGAs and brokers in Europe, North America, UK, Japan, LATAM, Africa, Middle East and Australia. INSTANDA is the Insurance Industry’s first no-code core insurance platform and allows insurers to break into new markets as well as overcome the drawbacks of legacy IT systems and embrace the benefits of digital transformation.
Converting the lethargic back office to an agile middle and front office with low upfront costs. Using INSTANDA, organisations can now think and act at the same speed, where rates, questions, documents, customer journeys can be amended in minutes and new products can be launched in days and weeks via the INSTANDA no code interface. ROI is delivered in months via dramatically reduced product manufacturing, underwriting and distribution costs with unrivalled customer experience.
Visit https://instanda.com/ for more information and follow us @instandaF2X on Twitter and INSTANDA on LinkedIn.