mea Platform, the AI-powered InsurTech revolutionising insurance transactions and operations, has appointed Mike McGavick as board chairman and strategic advisor.
The company, which leverages cutting-edge artificial intelligence to address long-standing industry inefficiencies, brings McGavick on board to help scale its impact across the insurance sector and beyond.
In his new role, McGavick will provide strategic guidance to help drive mea’s expansion, drawing on his extensive experience in reshaping insurance organisations and advocating for broader industry reform.
His deep understanding of data challenges in the (re)insurance industry aligns with mea Platform’s mission to extract maximum value from existing data infrastructures.
The appointment signals the firm’s intensified commitment to revolutionising information flow within insurance, and extending its capabilities to adjacent sectors that struggle with similar data challenges.
By using advanced language models, including GenAI and Agentic AI workflows, mea platform enables seamless, efficient data extraction and adaptation across the insurance workflow—from submissions and placements to claims processing. The result is faster operations, improved decision-making, and significant cost reductions.
McGavick is a widely recognised figure in the global insurance industry. He previously served as CEO of XL Group (now AXA XL) and as chairman, president, and CEO of Safeco Insurance. His leadership roles also include serving as chairman of the Geneva Association and the American Insurance Association.
Currently, he is co-chair of the operating board of directors at Bridgewater Associates, the world’s largest hedge fund.
mea Platform CEO Martin Henley said, “Mike’s track record of strategic leadership, growth acceleration, and industry advocacy is unmatched. His insights will be invaluable as we continue building momentum in insurance and expand mea’s reach into adjacent sectors where the same fundamental information problems exist.”
mea Platform board chairman and strategic advisor Mike McGavick said, “I’ve spent my career helping this industry evolve, and one of the most persistent obstacles has always been value from data. The (re)insurance industry has spent untold millions to use the data it has, structuring and confirming it, with frustration and no where near the promised outcomes. And painfully, these efforts are combined with the false promise of tech solutions that never quite deliver. mea is different. It solves the core problem by finding the maximum from existing data in nearly any current format, out of the box. This platform works—and it works now. That’s why I’m excited to help bring its impact to more companies across the (re)insurance space.”
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