Board of Directors

Andy Colbran

Andy Colbran

NuVenture CEO

Prior to establishing NuVenture, Andy was Managing Director of Aon’s UK MGA, Aon Underwriting Managers, for 13 years during which time he oversaw significant growth and expansion of the business. He has a strong desire to fundamentally change the ways in which MGAs operate by taking full advantage of modern technology, simplifying, and automating processes, and using external data sources to drive more efficient underwriting and deliver improved results to capital providers.

Arun Balakrishnan

Arun Balakrishnan

Xceedance CEO

Arun has built his career around promoting innovation and transformation in the insurance business. He has more than 10 years of experience launching start-ups in the industry. Arun’s vision and industry experience are rooted in a desire to revitalize processes, streamline operations, and provide growth opportunities. Prior to founding Xceedance, he was the CEO of Berkshire Hathaway Insurance in India.

John Begley

John Begley

Xceedance Non-Executive Director

John was appointed to the Board of Xceedance in January 2017, and he currently serves as chair of the Board’s Audit Committee. John worked at Aon UK Ltd for 13 years in a variety of roles, notably Chief Operating Officer — Global Broking Centre and EMEA, and Director, Operational Excellence, EMEA. Prior to joining Aon, John worked for BAA (UK airports operator including Heathrow and Gatwick) as Group Financial Controller.

 

Paolo Cuomo

Paolo Cuomo

NuVenture Non-Executive Director

Paolo joined NuVenture as Non-Executive Director in December 2021. He is one of the founders of InsTech London and brings a wealth of experience and in-depth knowledge in the insurtech space. Paolo works to support growth in the London insurance market through efficient, effective processes, smart use of technology, and focus on relevant innovation.

Leadership Team

Danny Booth

Danny Booth

Director of IT and Operations

Prior to joining NuVenture, Danny spent 25 years in the insurance market in senior leadership and director roles, spanning the insurer, MGA, and broking business models, in London and internationally.

Over this time, he has been instrumental in delivering significant growth globally by leading the technology effort on more than 40 acquisitions, and supporting them with a blend of IT delivery models.

Peter Horncastle

Peter Horncastle

Director of Finance and Compliance

Peter is a qualified accountant with 16 years in the insurance market working across the whole value chain.

His past roles include responsibility for planning Hiscox Insurance Company’s (at the time) £350m annual turnover business, Group Finance Manager at specialist insurance group Argenta plc, Financial Controller at an MGA start-up, and most recently Finance Director and board member at independent Lloyd’s broker, Meridian Risk Solutions.

Peter’s ambition is to make the insurance market simpler and more transparent, particularly in regards to how customer experience and underwriting performance translate into financial outperformance.

Management Team

Laura Thomas

Laura Thomas

Head of Compliance

With over 20 years of experience in different areas of the Financial Services sector, Laura was Head of Compliance & Governance at Agria Pet Insurance for 7 years, before making the move to NuVenture in February 2023. Laura is responsible for all of the regulatory compliance and governance aspects of NuVenture and its MGAs. She specialises in FCA regulatory compliance and advice, as well as many years of focused experience in Financial crime prevention and data protection.

  

Tashi

Tashi

Associate Vice President, Programs

Prior to joining NuVenture, Tashi was Account Manager in Xceedance for seven years during which time she focused on process redesign, automation initiatives, and transitions for insurance clients of Xceedance. She aspires to create value for insurance customers and improve customer experience through creating a robust framework for setup and management of MGAs and process transformation to drive efficiencies.

  

Karen Wepener

Karen Wepener

Marketing Manager

Karen is a CIM-qualified marketer with more than 15 years’ experience. Prior to joining NuVenture, Karen was running all strategic and operational marketing activity for a fast-growing SME. Her experience also includes highly-regulated industries such as law and accountancy.  At NuVenture, Karen’s role is to highlight why underwriters and capacity providers should choose to work with NuVenture, and to support our MGAs in marketing their businesses.

Andrew Marples

Andrew Marples

Technical Business Analyst


As our Technical Business Analyst, Andrew works to ensure our we deliver the best possible tech solutions for our MGAs. He joined NuVenture in 2022 with more than 15 years’ experience empowering teams within IT and a proven track record of delivering successful projects. Day-to-day, Andrew works with team members and stakeholders at all levels to make sure our tech projects run smoothly.

Chitraparn Bhardwaj

Chitraparn Bhardwaj

Assistant Manager, Projects


Chitraparn has more than eight years’ experience in the fields of Banking and Insurance. He joined the team in March 2023 as Assistant Manager for Projects and takes the lead on running projects to boost efficiency of operations at NuVenture. Chitraparn’s expertise covers project and operations management, stakeholder relationship management and management of the various teams involved in completing projects to a high standard.

Office Location

1st Floor, 8 Lloyds Avenue,
London, England, EC3N 3EL

contactnv@nuventure.com