Friday, 17 May 2019 08:00

Insurtech Australia appoints veteran Yates as new CEO

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Rita Yates: "...the sky is the limit in terms of what we can achieve in the coming years." Rita Yates: "...the sky is the limit in terms of what we can achieve in the coming years." Supplied

Insurtech Australia, the organisation that fosters start-ups and innovation in the insurance sector, has appointed 20-year industry veteran Rita Yates as its chief executive.

A statement from the organisation said Yates had worked in insurance, healthcare and the fintech and start-up ecosystems, most recently heading Insurtech and Corporate Partnerships at Stone & Chalk, Asia-Pacific’s largest fintech hub.

She has been part of Insurtech Australia since it was started in 2017, serving on the advisory committee and as part of the founding leadership team.

Departing chief executive and new chairman, Simon O'Dell, said: “We are extremely excited to have Rita step up to lead Insurtech Australia into 2020 and beyond.

"She is the perfect person to champion Australia’s insurtech sector, having spent years successfully bridging the gap between the startup ecosystem and corporate Australia.

insurtech two

The Insurtech Australia leadership team: (from left) Simon O'Dell, Rita Yates, Brenton Charnley and Severin Stoetzer.

"She’s been involved with Insurtech Australia from day one and has unparalleled expertise in the role of promoting growth and innovation for both fintech startups and corporations.”

“As well as helping countless start-ups over the past few years at Stone & Chalk, she also has considerable domain experience, working in the insurance industry across a variety of roles."

Yates said: “I’m thrilled to be taking the helm at Insurtech Australia at such an important juncture. A true grassroots organisation, our goal has always been to enable start-ups and innovation to flourish within the Australian insurance sector, and foster relationships between emerging tech and incumbent businesses.

"We will also strive to build global connectedness between Australia and international markets, something that is key to the success of insurtechs, most of whom aspire to scale globally. With an active membership, and highly engaged set of industry partners, the sky is the limit in terms of what we can achieve in the coming years.”

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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