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Keep me informedTechnology is at the core of any successful insurance company – but for most it is a constraint as much as it is an enabler. Insurance companies and brokers must continuously refresh their technology strategies and navigate this complex topic where there are no perfect answers but only a never-ending set of trade-offs.
Oxbow Partners helps management teams bridge the gap between business objectives and technology. Our sector focus and strategy specialism mean that we have a deep understanding of what businesses are trying to achieve, and our technology experts are able both to influence the business and shape the technology strategy to be in line with the business strategy.
Our work focuses on topics such as technology strategy development, architecture design, system selection and due diligence.
We are fully independent of all vendors and our clients value our objective analysis of their options. Our vendor knowledge is enhanced through Magellan™, our market-leading insurance technology navigator, which contains profiles of over 4,000 vendors that are relevant for the insurance industry.
We help management teams understand their options and trade-offs and make robust decisions.
We use our industry expertise to build detailed, bespoke operating models and processes aligned to the specific features of your strategy.
We recognise that technology is a fundamental shaper and enabler of modern strategy and support with architecture design and vendor selection.
We help organisations transform by connecting strategy to delivery, ensuring that delivery both aligns to strategy and shapes it.
We use our technology and business expertise to help clients set out strategic technology ambitions, architectures and roadmaps that deliver and support the business strategy
We help clients design bespoke technology architectures using our insights into the latest technology trends
We help clients find new technologies to help them grow using our proven methodology for quickly testing vendor capabilities and fit
We help clients design their technology, operations, and set-up to maximise strategic alignment and impact
We help companies and investors with commercial and technology due diligence on vendors for partnerships and investments
A large reinsurer had developed a proprietary technology platform but found the technology team had become detached from the underwriting team as the business had scaled. We supported the business to build a better technology operating model connecting IT with the business which was subsequently implemented.
A leading London Market syndicate wanted to put data and digital at the core of its strategy and operations. We worked with the underwriting teams and partnered with a systems integration consultancy to implement end-to-end underwriting infrastructure and processes organised around a new Underwriter Workbench.
Our client is a large UK retail insurer who wanted replatform their core policy administration system. The CIO asked us to validate their choice of system and that the underlying business case stacked-up. Our findings allowed the decision to be signed-off by the board.
To support an ambitious growth plan, we helped identify the biggest opportunity areas and set out a fully costed architecture and 5-year roadmap. We worked closely with the non-technical leadership team and board to ensure full understanding and buy-in to the strategy.
Our client was a top-tier reinsurer. We worked with the executive team to develop an operating model that enabled them to scale their InsurTech partnerships globally across the business.
Our client is a leading Lloyd’s syndicate. Leveraging Magellan, we helped shortlist and select an InsurTech partner to support the client’s digital distribution business. The partnership is now live and trading over £150m GWP annually.
Magellan is our insurance technology navigator. Magellan contains detailed information on over 4,000 technology vendors targeting the global (re)insurance market. Magellan is designed to help business and technology professionals find the right short-list of companies to help with their specific technology requirements. We offer both a self-service subscription and a ‘Curated Search’ service delivered by our dedicated team of experts.
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Diligence of a growth company must reflect both its track record and also its vision and opportunity. Our streamlined analysis covers the market, proposition, financial plan and execution capability and is designed to quickly help investors understand what they need to believe to make the investment viable.
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Lead contact
Greg Brown, Partner
Greg leads Oxbow Partners’ Operations and Technology practices, supporting a range of clients including reinsurers, London Market specialty players and UK personal lines. His past experience includes technology consulting at Accenture, digital transformation at a boutique firm and strategy at Monitise, a leading UK fintech. He has a first class degree in Engineering and Computer Science from Oxford University.
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Lead contact
Max Deacon, Principal
Max has joined Oxbow Partners from Oliver Wyman and is our lead on digitally-enabled transformation topics in specialty. His recent experience includes a multi-year process to build an end-to-end underwriting tech infrastructure for PE-backed London and Bermuda insurer/reinsurer.
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George Hanks, Principal
George is a Principal at Oxbow Partners, leading projects across the strategy, operations and technology practices at Oxbow Partners, and frequently projects where these three practices overlap. George's recent experience includes developing an end-to-end TOM for a leading global reinsurer, creating a digital strategy for a corporate insurer and defining the technology strategy for a reinsurer.
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Dougie Willins, Senior Manager
Dougie is a Senior Manager at Oxbow Partners and leads our London Market task force. He focuses on projects helping our Corporate & Specialty clients on a variety of topics including digital distribution, underwriting transformation and technology strategy. Prior to Oxbow Partners, Dougie started his career at BCG and holds a master’s degree in mechanical engineering from Durham University.
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