Optio Group, a UK-based specialist managing normal agent (MGA), has appointed Deepak Soni as its new CEO.
Soni is taking over the brand new function at Optio after working for French insurance coverage main AXA, the place he was industrial director of AXA Insurance coverage.
After becoming a member of AXA in 2015, he’s stated to have performed a key function within the improvement of the corporate’s UK industrial technique.
His expertise on the French firm spanned varied senior roles, managing small and medium enterprises, direct-to-consumer, delegated authority and specialty traces companies.
Earlier than his time at AXA, Soni held senior positions at Hiscox having began his profession as a dealer at Aon.
Optio described the choice to nominate Soni as long-anticipated and punctiliously thought of by its board and personal fairness backers, Preservation Capital Companions.
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As CEO, Soni might be accountable for main the corporate by its subsequent part of progress, which incorporates each natural developments and strategic acquisitions.
Optio Group government chairman Matthew Fosh stated: “I’m delighted to announce Deepak’s appointment as the brand new CEO of Optio Group. He brings a powerful monitor file of driving worthwhile progress and has demonstrated distinctive management capabilities all through his 20-year profession in senior roles.
“Deepak joins us at a pivotal time in Optio’s improvement, and I’m assured he’ll assist us seize alternatives for additional worthwhile progress below his management.”
Soni added: “I’m thrilled to be becoming a member of Optio and to steer the subsequent part of its improvement. Optio’s sturdy place within the specialty market supplies a wonderful basis for progress, and I stay up for working with the gifted groups throughout the enterprise.
“Collectively, we are going to proceed to ship excellent services to the worldwide insurance coverage market, driving innovation and success.”
Earlier this 12 months, Optio additionally strengthened its management staff by appointing Wael Mohsen as managing director of broking and normal traces for Optio Re MENA in Dubai.
Mohsen’s function includes specializing in varied insurance coverage traces together with property and casualty, power, building, cyber and medical malpractice.
Optio Re, which incorporates an MGA and a reinsurance dealer, started operations in January 2023.
