It comes as the firm looks to accelerate its UK growth and expansion in the US

Broker Insights has announced major changes to its leadership team as it looks to accelerate its UK growth and expansion in the US.

The insurance software provider announced that Peter Scott will take up the role of chief executive from Fraser Edmond, who will move into the position of president.

In his new position, Edmond, who also founded the firm, will lead the international expansion and split his time between the US and the UK.

He will also continue to engage with all UK customers and stakeholders.

“We have some amazing new products launching later this year that will reinforce our commitment to bringing data-led decision making to the insurance industry,” Edmond said.

“We are creating a global leader in the commercial insurance market and bringing to life our company’s mission to ‘empower the commercial insurance industry through data-driven decisions’.”

Peter Scott

Scott, meanwhile, takes up Edmond’s former role after spending six months working in an advisory capacity to the company.

He brings over 20 years of leadership experience in technology-based businesses, as well as international expertise.

He has also held senior interim roles in FTSE 100 and private equity companies and led the joint venture between Dixons Carphone and Sprint in the US.

“We are delighted Peter is joining us at this exciting phase in our company’s journey as we accelerate our growth and expansion,” Edmond said.

Scott added: “Broker Insights’ performance and progress to date have been exceptional.

“The business is well-positioned to further grow in the UK and launch in the US and I look forward to continuing to work closely with Fraser and the executive to take Broker Insights to the next level both here in the UK and also the US.”

Broker Insights is also set to announce two commercial directors, who will focus on specific customer groups.