NEW YORK, Sept. 13, 2023 – INSTANDA, the global provider of no-code insurance platform technology, has appointed Kevin Gaut as its new chief technology officer (CTO). Gaut brings more than 25 years in senior technology leadership roles spanning the UK, US and Asia in both insurance and financial services, most recently as CTO at Finova and previously at SSP and Legal & General.
“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,” said INSTANDA CEO and Co-founder Tim Hardcastle. “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.”
In his capacity as CTO, Gaut will drive the platform and ecosystem strategy, leverage the INSTANDA future-proofed architecture for client value and focus on educating the industry on the benefits of no-code versus low code. His primary responsibilities will include working closely with existing and prospective clients to identify new growth opportunities within the insurance technology market using the INSTANDA platform. In collaboration with all senior INSTANDA leadership, Gaut will leverage existing investments in embedded insurance propositions, building ecosystems and real-time data insights.
“I am excited to join INSTANDA and become part of a company known for its innovation and commitment to transforming the insurance industry,” noted Gaut. “INSTANDA’s no-code platform is proven to enable insurers embracing digital transformation while delivering exceptional customer experiences. I look forward to leading the team, driving change that will continue to revolutionize the way insurers innovate and interact with their clients – ultimately creating better outcomes for all.”
The appointment of Gaut comes one year after INSTANDA announced its $45m fundraising deal led by Toscafund, a European growth equity investment firm for financial services companies.
INSTANDA offers a complete digital platform for innovative insurers, including more than 80 carriers, MGAs and brokers in Europe, North America, UK, Japan, Latin America, Africa, the Middle East and Australia. Named one of the world’s Top 50 InsurTechs for 2023 by CB Insights, INSTANDA is the insurance industry’s first no-code core insurance platform that allows innovative insurers to digitize their entire business as well as break into new markets with quick-to-market new products while simultaneously overcoming the drawbacks of legacy IT systems and driving digital transformation. For more information, please visit instanda.com/us/ and follow us @instandaF2X on Twitter and INSTANDA on LinkedIn.