Stock Report

Ian Summers appointed Global Business Leader, AdvantageGo



Posted On : 2022-11-18 15:11:50( TIMEZONE : IST )

Ian Summers appointed Global Business Leader, AdvantageGo

AdvantageGo, a leading commercial insurance and reinsurance software provider and part of Coforge, announced today the appointment of Ian Summers as Global Business Leader. In this role, effective immediately, Ian is responsible for the strategic direction and the operations of the company and leading AdvantageGo┬┤s dedicated team of specialists in delivering best-in-class commercial (re) insurance software that transforms risk administration. He has a goal to build the next generation ecosystem to digitise the Specialty insurance market.

Ian brings over 30 years of experience across the insurance, reinsurance and technology sectors. Prior to joining AdvantageGo, Ian was Chief Executive Officer of Verisk Specialty Business Solutions, having previously held the role of Chief Information Officer and Director of change strategy at AON.

Throughout his career, Ian has been an advocate of digitisation of the Insurance ecosystem and has sat on and chaired a number of cross-industry groups, including LIBBA's market reform and strategy committee and ACORD's Global Reinsurance and Large Commercial standards board. Ian has also served as director for a number of companies, including Whitespace, PPL, and Polaris.

Based in London, Ian reports to Sudhir Singh, Chief Executive Officer and Executive Director, Coforge. Sudhir Singh said: "The commercial insurance industry is facing unprecedented change amid an emerging risk landscape creating a slew of new challenges and opportunities. As carriers increasingly embrace a digital-first mindset, AdvantageGo and Coforge support our customers to accelerate their digital transformation to navigate evolving risk and build resilience."

"I am delighted to take on this role and join the AdvantageGo team," said Ian Summers. "I believe AdvantageGo is ideally positioned with its business model, product portfolio, and talented team that uniquely positions it to support customers to drive significant profitable growth. As the insurance industry evolves, our goal is to work in partnership with the industry and peers to achieve its full digital transformation potential while enhancing our unique innovation and product development capabilities."

Shares of Coforge Limited was last trading in BSE at Rs. 3864.55 as compared to the previous close of Rs. 3945.50. The total number of shares traded during the day was 7016 in over 1540 trades.

The stock hit an intraday high of Rs. 3945.50 and intraday low of 3852.70. The net turnover during the day was Rs. 27336169.00.

Source : Equity Bulls

Keywords

Coforge INE591G01017 AdvantageGo Appointment GlobalBusinessLeader