PriyaPatel
“`html
TLDR:
- Jonathan Davey announced his retirement as the CEO of HugHub after eight years.
- His career spanned 38 years in the insurance and technology markets, with notable achievements in setting up and running MGAs.
Summary of the Article:
Jonathan Davey, the former CEO of HugHub, recently announced his retirement after leading the insurtech for eight years. HugHub, a software provider for insurers and brokers, faced funding issues and entered administration in April 2024. Following the administration notice, its tools were acquired by Open GI and Endeavour Ventures. Davey plans to retire and focus on spending quality time with his family, as well as taking on non-executive roles. Throughout his career, Davey was involved in setting up and running MGAs, such as Keychoice Underwriting and Primary Broker Services. He also played a key role in establishing the Managing General Agents’ Association (MGAA) in 2011. Reflecting on his career, Davey highlighted the importance of technology in the insurance industry and described how he was drawn into the industry by selling back-office policy administration systems to brokers. Despite not choosing insurance initially, Davey found success in the industry and is grateful for the opportunities it provided him.
“`
