Strategic Leader in Insurance and Fintech Innovation
I am a seasoned strategic leader with a proven track record of driving innovation and growth across the insurance and fintech sectors. With decades of experience spanning C-suite roles and entrepreneurial ventures, I specialise in delivering transformative solutions that seamlessly integrate cutting-edge technology with evolving market demands.
My career highlights include pioneering mobile-first insurance services, scaling digital platforms for entrepreneurial insurance providers, and successfully navigating company exits to industry leaders. In my latest role as Chief Strategy Officer at VUW.ai, I am excited to be shaping the future of AI-driven insurance by leveraging technology to redefine how the industry operates. This role complements my ongoing involvement in other ventures, where I focus on advancing scalable, tech-enabled solutions and fostering sustainable growth.
Most recently, I co-founded and grew successful businesses, including two insurance businesses Text2Insure (acquired by Ageas UK) and Markit Systems, a provider of digital technology solutions for insurance MGAs. My early career at top-tier advertising agencies such as Saatchi & Saatchi and BBDO Worldwide instilled a passion for disruptive innovation and client-centric approaches that continue to inform my work today.
Beyond my professional commitments, I am passionate about leveraging technology to simplify and enhance lives. I regularly contribute to industry discussions at insurance and fintech conferences and take pride in mentoring emerging talent in the sector.
Outside of work, I lead an active lifestyle, dividing my time between London and Norfolk. I enjoy tennis, cycling, walking, skiing, and exploring southern Africa whenever possible. Married to Louise, I am a proud father of three and remain dedicated to balancing professional ambition with personal fulfilment.
Interview with CASPAR MURPHY, February 2024
(Ref. Interviews VUW.mov 01:43 – 04:21)
Obviously, I’m a co founder of V underwriting and the idea essentially, was to draw upon my experience as a banker, an entrepreneur, of bringing together the right team, the finance and the technological platform, to be able to deliver the service and to deliver this business. And as a lot of people will recognize, within entrepreneurship everything is about execution and getting the business up, started and across the line and delivering them the results – for the insurers.
So the future of virtual underwriting is rosy, it’s great. It’s clearly going to be a very fundamental change to the nature of insurance, the way bond and markets transact. It is an opportunity for insurers, for brokers, for the industry to deliver a quicker, faster, better service. And with greater profitability, greater consistency and greater predictive power so that the carriers are able to understand where they are within the claims journey.
The opportunity of virtual underwriting is to deliver better returns for carriers with more consistent underwriting results.
What’s the advantage to the brokers?
The advantage to the brokers is there will be much less rekeying. They can transact more rapidly and there should be less risk of having a part of a slip or a part of a schedule of values which has not been understood by the insurer, and that everybody is aware of what is being underwritten.
It should also be a faster journey time with quicker turnaround and better opportunity for the brokers to serve their clients.
Executive Team
A friendship spanning 30 years between co-founders Caspar Murphy and Christopher Leglu led them to explore an emerging business model for insurance in 2021. Insurance executives at the top of their game in London saw this as a long-awaited opportunity to change the insurance market for the better. Together, we created VUW.ai : a market leading, virtual underwriting platform.
