As the Director of Operations and IT for NuVenture based in the UK, Danny Booth joined the business in early January 2021 with responsibility for creating the best solutions and outcomes for NuVenture’s founding teams and capital providers.
What’s your background?
I’ve worked in the insurance space for more than 25 years where I’ve held various senior leadership roles, most recently as Head of IT at Canopius.
My experience includes MGAs, brokers and Lloyd’s syndicates; developing expertise in areas as varied as M&A, change and transformation, applications, infrastructure, data and cyber.
Why join NuVenture?
I was offered two jobs. One was for an established insurer while the other was for NuVenture. I’ve worked on a start-up before and really enjoyed it, so the idea of helping to build a business from the ground up was highly appealing to me and I’m committed to building something very special here.
What challenges do you see in the role?
At the moment the focus is getting our first MGAs approved and launched and ensuring our controls, processes, supporting functions and systems are in place.
It’s a standing start, however we have the skills, experience, and support of our parent company Xceedance, as well as some highly committed partners, behind us.
What do you think success looks like a year from now?
From my perspective, I want to ensure that we are event and data driven, highly automated and ready to explore new territories. Frictionless trading is key, as is extending the value of what we create to our capacity providers and brokers to deliver quality, speed and transparency and a great customer experience. Combine that with an exceptional service model and I will be happy.
Of course, I hope that in a year’s time we will have also successfully launched several more MGAs, but size isn’t everything – we’re more focused on quality.
How do you relax away from the office?
I have two children – Mia and James – who keep me very busy. But I also enjoy keeping fit – boxing, yoga, and HIIT training and also, when I get the time, playing guitar and singing in pubs.
What do you like to sing?
I’m quite partial to some Adele or Beyoncé. Do I have the vocal range? It’s all about choosing the right key!