Key appointment reflects the Group’s strong growth momentum and global ambitions in the data and tech-enabled M&A and specialty insurance sectors.
SYDNEY, 5 December 2023: Pop Group Holdings (“POP”), a leading investor in M&A and specialist, data and technology-enabled insurance businesses, today announces the appointment of Nicole Coleby as Managing Partner of Operations.
In this newly formed role, Coleby will be in charge of operations across POP’s key operating entities – Fusion Specialty M&A and Financial Lines MGAs, and io.insure, its dedicated small to mid-market InsurTech and M&A Tech platform – managing teams both locally and globally. This includes leading the strategic direction of the Delegated Underwriting Authority, Operations, Finance, People, Legal & Compliance teams. Her appointment reflects POP’s strong growth momentum and ambitions as it continues to expand its global footprint and its pioneering tech-enabled M&A and specialty products in selected markets.
Based in Melbourne, Coleby is an insurance veteran with nearly two decades of experience in the industry. Most recently, she was the Chief Operating Officer at Aioi Nissay Dowa Insurance Company of Australia (Adica), where she oversaw operations and relationship management with key stakeholders, successfully driving growth in new business. Coming from an analytics, portfolio management, and operations background, Coleby has spent the bulk of her career at QBE Insurance, where she led the Agencies and Partnership national team. During this time, she was responsible for the strategy and portfolio profitability of QBE’s Underwriting Agencies and Partnerships business with a multi-million combined premium.
Coleby will report to Killian McDermott and David Rogers, the co-founders and co-CEOs of POP.
Announcing Coleby’s appointment, Killian McDermott, co-founder and co-CEO of POP said: “We are delighted to announce Nicole’s appointment, which comes at an exciting time as we further strengthen our global footprint, with both Fusion and io.insure having exciting developments in their pipelines. We believe that Nicole is a great asset in leading our global operations teams, with her strong background and expertise in managing these functions at leading insurance organisations. We are very confident in her capabilities to deliver high quality services and a strong work ethic as foundations for our business success.”
David Rogers, co-founder and co-CEO of POP added: “We warmly welcome Nicole to the growing POP team. As we cement our position as a leading global boutique data and tech-enabled M&A and specialty insurance services group, it is crucial to bolster our people and strategic operations and align them with our tech capabilities, so we remain resilient and competitive in the long-term. Moving into the new year, we are confident that with a solid strategy across the organisation, we will grow the business to new heights and deliver on our promises to customers, partner insurers, distributors, and advisors.”
Coleby said, “I look forward to working closely with Killian and David to drive POP’s growth and continued success across its key markets in Asia Pacific, the Americas, Europe and the UK. Insurance has always been a passion of mine, and I am excited to join my fellow peers along POP’s journey, as we further the group’s efforts in data and technology-enabled innovations that are revolutionising the M&A and specialty insurance ecosystems.”
For media inquiries, please contact:
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About POP Group Holdings
POP Group Holdings is an owner of / investor in M&A and specialist, data & technology-enabled insurance businesses. POP is building a unique specialist insurance ecosystem that transforms the insurance experience for customers, through partnerships, products, services and technology.
About Fusion Specialty
Established in 2018, Fusion Specialty is the leading specialist underwriting agency (MGA) focussed on providing innovative, tech-driven and sustainable insurance solutions, primarily to the small and medium-sized business market. Fusion has underwritten more SME M&A deals than any other insurer across the APAC region since 2019. Backed by large global insurance partners, Fusion has rapidly expanded globally with offices in Australia, Singapore, Hong Kong, the UK, Germany, Spain and the USA. Fusion Specialty is the first M&A insurance MGA with a local presence in each key M&A market, globally; and through its partnership with io.insure, the first to deliver tech-driven M&A insurance products, and has since added Financial Lines products to the platform.
io.insure is the first global M&A and specialty insurance online marketplace, transforming the insurance experience and filling the risk protection gap in the small to mid-sized business segment. The io.insure marketplace connects customers, advisors, distributors and insurer partners, supported by an exchange comprised of expert people, personalized products, and a data and technology platform, which is designed for white-labelling by partners.