Verisk has announced that Reid Stanway has been appointed chief Digital officer of Specialty Business Solutions (formerly known as Sequel). With an impressive career across the insurance industry, Stanway joins the company from Marsh, where he most recently held the position of Digital Placement leader. At Marsh, Reid worked with the global leadership team to define, lead and execute the business' digital trading strategy.

He also created and scaled the company's in-house algorithmic insurtech 'Intuitive'. Throughout his tenure at Marsh, he held various leadership and strategy roles, as well as acted as an insurance broker in their Canadian offices for its large Mining, Oil&Gas, and Nuclear clients. In his new role, he will work with insurance market participants to navigate the increasingly complex world of digital transformation and digital trading.

He will engage with insurance executives and business leaders in the design and build of their digital trading and transformation strategies by leveraging Verisk solutions. Part of this will involve articulating the benefits of investing in digital transformation to clients, colleagues and trading partners. He has a unique understanding of the solutions Verisk can provide, alongside what the rest of the marketplace can offer.

Stanway will have a direct reporting line into Tim Rayner, ceo and president Verisk Specialty Business Solutions.