Insurance software specialist Open GI has appointed Peter Thompson (pictured) as its chair. He is a prominent industry leader and was chief executive officer of BGL Insurance which he led through a sale to Markerstudy Group in 2022. Open GI is used by around 500 organisations to place £10bn in gross written premium annually.

Thompson said: “The business has a tremendous opportunity to grow through customer-focused innovation and I’m pleased to be joining the board as the business looks to achieve its ambitions.”

Simon Badley, chief executive officer of Open GI, added: “On behalf of the entire board, I am pleased to welcome Peter to Open GI. He brings hugely valuable expertise and perspective to our business. Having worked throughout the industry for over three decades, he fully understands the large opportunity we have to help businesses use technology to build scale and grow stronger.”