Former CEO of Charles Taylor plc to support the executive team
Parametric pioneers Skyline Partners (Skyline) announces today that it has appointed David Marock to the board. He will support the executive team as they continue to grow the UK business and scale into a leader in the parametric space, worldwide.
This significant strategic appointment follows Skyline’s recent additional US$1.75 mil in funding from West Hill Capital, a specialist corporate finance and VC firm, which brought the total raised to US$3.5 mil (including from OneAdvent, amongst others). The funding is to support the next stage of Skyline’s product development, team expansion, and sales growth, for risks worldwide.
David was previously Group CEO of Charles Taylor plc, a global insurance services and technology business. During his nine-year term there, the company tripled its top and bottom line, providing TSR of ~400%. David is Chairman of Previsico, an insurtech that predicts and mitigates flood risk globally; a NED at PremFina, a fintech that provides premium finance; and a NED at Standard life Savings, one of the UK’s largest investment platforms.
David is now a senior advisor to McKinsey & Company; he also provides consultancy services to other companies, including PE firms, an Insurtech investment holding company, ManyPets (petinsurer), Goodlord (proptech), & TruEra (AI business). He is also an angel investor in various technology-related firms.
Before this, David worked for specialist insurer Beazley plc, where he was Group COO, a Group ExCo member, and on the Beazley Furlonge Ltd board.
Laurent Sabatié, Co-founder and Executive Director of Skyline Partners, said: “Skyline is committed to scaling the business fast and working collaboratively across the industry with re-insurers and brokers to do so. David’s connections and expertise will be hugely additive in the process.”
Fellow Co-founder and Executive Director, Gethin Jones, added: “David’s extensive experience and proven track record for scaling fast-growth technology businesses in the insurance and technology spaces make him a perfect fit for Skyline. We are delighted to have him onboard.”
David Marock, Non-Executive Director of Skyline, said: “I am excited to join Skyline and work with Gethin, Laurent, and the team to unlock the full potential of parametric insurance. Skyline is laser focused on creating innovative solutions that can plug protection gaps, worldwide, as an MGA, as a parametric structuring agent for complex and innovative deals for brokers and insurers, and lastly as a software provider for tech-enabled parametric solutions, with its INSDEX platform, a proprietary geospatial intelligence technology.”
Skyline has developed and launched several parametric products with a wide variety of applications, including Natural Disasters for Financial Institutions, Cost of Violence for SMEs, and Climate Risks for Agriculture, such as the recent innovative deal developed for Howden, with Munich Re’s capacity, to protect Jamaican farmers.
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