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Matt Hicks
Co-Founder @ Recorder | Software for Commercial Insurance Broking
Matt Hicks is a prominent figure in the insurtech industry, serving as the Co-Founder and Chief Commercial Officer of Recorder, a broker management software provider based in London. Recorder aims to innovate the insurance market by addressing inefficiencies faced by brokers and small businesses. The company utilizes APIs to streamline data collection and employs AI to enhance the insurance quoting process, ultimately aiming to improve profitability for brokers and reduce underinsurance risks for clients.13
Before founding Recorder, Hicks co-founded Codat in 2017, an integration platform designed to connect banks with small businesses' financial data. Codat's success included raising £130 million from major financial institutions, which allowed it to expand its services globally. After exiting Codat, Hicks and his team identified opportunities within the insurance sector and launched Recorder after extensive market research.14
Hicks holds a degree from the University of Leeds and has accumulated significant experience in fintech, focusing on enhancing operational efficiency within financial services.25 His vision for Recorder is to create a more user-friendly insurance experience for brokers and their clients, thereby transforming the traditional processes that have long been a source of frustration in the industry.13