distriBind: The Future of Delegated Authority

Written at Jul 28, 2023 9:30:36 AM by Dave Connors

distriBind, the AI-powered Data Exchange for Delegated Authority currently participating in the Lloyd’s Lab, today announces the appointment of former Underwriting Director at Thomas Miller Roger Lewis as Non-Executive Director. Roger spent over 20 years at Thomas Miller including roles as Underwriting Director and Deputy Chairman, before founding Fuse Consultancy advising Insurers, MGAs and other market participants on Innovation, Change and M&A.

distriBind offer real-time validation and reporting of Delegated Authority data with an Automated Back Office for Insurance distributors and Advanced Portfolio Management functionality for Capacity Providers including Machine-Learning based Estimated Premium Income prediction for which they were awarded a grant by Innovate UK in 2019.

distriBind CEO Dave Connors said, “I am delighted to announce the appointment of Roger, the first of several appointments we’re making to enhance our advisory team and boost our go to market. Roger brings a wealth of experience in DUA strategy from an Underwriting perspective, and has put this into practice in his consultancy work. Roger’s insight into the market is invaluable and will make a real difference to us”.

Roger said “It is outrageous that the transfer of data in a spreadsheet between MGAs, brokers and carriers still takes place in today’s global DA insurance market. I was immediately captivated by distriBind’s vision to eliminate the use of bordereaux and Dave’s straightforward integrated technology solution to this analogue practice. I am really looking forward to helping guide the Board of distriBind on the next stage of their journey.

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Dave Connors

CEO & Founder