Pop Group Holdings (“POP”), a leading investor in M&A and specialist, data and technology-enabled insurance businesses, today announces the appointment of Shannon Murphy as group chief information officer.
As Group CIO, Murphy will spearhead all aspects of POP’s digital strategy, including technology operations, information security, engineering, and service management across POP’s global brands Fusion Specialty and io.insure. He will also lead the platform development and delivery of io.insure, the world’s first M&A and specialty insurance online marketplace under POP. This includes oversight of next generation product and service offerings such as Mio™, which has just launched in New Zealand in August, following successful rollouts in ANZ, the United States, and the United Kingdom. There are plans to expand Mio™ to other countries later this year and in 2024.
Based in Singapore, Murphy has three decades of experience fronting technology roles in the insurance industry, having served as the chief technology officer for large insurers such as ING, AIG, and AXIS in Asia Pacific. Murphy’s expertise is rooted in data strategy, automation, DevOps and IT architecture strategy. He was formerly the head of technology at Amazon Web Services, where he developed cloud strategies for Singapore enterprises.
Most recently, he was chief technology officer at leading fintech MoneyHero Group, where he built the security practice, and led change management and digital transformation initiatives across the Greater Southeast Asia region.
Announcing Murphy’s appointment, Killian McDermott, co-founder and co-CEO of POP said: “We warmly welcome Shannon to our growing POP team, and we look forward to working closely with him to accelerate and scale our capabilities as we and our ecosystem partners digitise M&A, Financial Lines and specialty insurance globally. Shannon’s experience and specialist knowledge leading organisational digital transformations will be extremely valuable as we continue to pioneer the combination of specialty insurance and digital products, platforms and services development, which are revolutionising the insurance industry.”
David Rogers, co-founder and co-CEO of POP added: “Shannon’s appointment as chief information officer is a strategic direction forward for POP, as we continue to prioritise high quality enterprise level digital innovation as a crucial component of our growth plans. With his guidance driving our data and technology-enabled M&A and specialty insurance ecosystem, we are well poised to deliver on our promises to clients and partners, and achieve positive impact on projects in the pipeline.”
Murphy said, “I am excited to join POP. They have an exciting mix of traditional insurance knowledge and digital product expertise, and have successfully combined the two into a powerful insurtech offering that I believe is unique in the marketplace and sets the pace for digitisation of some of the most complex insurance products. Digital has become an imperative part of the insurance industry nowadays, permeating every touchpoint in the ecosystem. POP has been a pioneer in introducing these technologies across its brands to transform the insurance experience and fill the risk protection gap. I look forward to continuing this great momentum to bring industry-leading innovations to our customers and partners, across POP’s global markets in Asia Pacific, the US, and the UK.”