Hoffman has had previous roles with Barclaycard and Barclays

Hastings Insurance chairman Gary Hoffman is to become the non-executive chairman of digital banking platform Monzo.

Hoffman, who was Hastings chief executive until March last year, joins Monzo after the start-up raised funds, valuing the company at £1bn, reported Sky News.

Hoffman is an experienced banker, most well-known for taking the helm at Northern Rock in 2008 following its emergency nationalisation.

He previously held senior roles with Barclaycard and Barclays.

Hoffman, who took over as Hastings chief executive in 2012, replaced Mike Fairey in January last year as non-executive chairman, as the leadership team was reshuffled.

 

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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.