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Richard King
Founder & CEO of Ticker - the next generation of connected motor insurance.
Richard King is a seasoned entrepreneur and insurance industry veteran who founded and currently serves as the CEO of Ticker, an insurtech company focused on connected motor insurance.12
Career Highlights
- Founder and CEO of Ticker since 20173
- Previously founded ingenie, one of the UK's first connected motor insurers, which was acquired for $145 million in 20155
- Co-founder of Innovation Group Limited, which developed a motor claims ecosystem and entered the FTSE 2505
- Seed investor and non-executive director at Neos, the UK's first connected home insurer, from 2016 to 201957
Ticker's Success
Under King's leadership, Ticker has achieved significant milestones:
- Reached profitability in November 2023, ahead of forecast2
- Wrote £107 million in gross premium in 2023, exceeding their £96 million target2
- Attained an attritional loss ratio of 50%, demonstrating strong underwriting profitability2
- Launched innovative products, including a pay-per-mile insurance offering4
Leadership Style
King emphasizes communication and company culture:
- Holds daily 10-minute Zoom meetings to keep the team informed1
- Focuses on company personality, culture, and diversity1
- Advocates for gender parity in leadership roles1
Education and Affiliations
- Attended Wimbledon College in SW193
- Director and Trustee of Chelsea FC Players Trust3
- Investor in Deep Blue Restaurants Ltd3
Richard King's LinkedIn username is richard-king-89a5422a.6
Highlights
Jan 10 · ticker.co.uk
Ticker's new Chairman, achievements in 2023 and goals for 2024
Nov 29 · iceinsuretech.com
Client Spotlight - Richard King, Founder & CEO of Ticker
Feb 3 · fintechmagazine.com
Richard King | FinTech Magazine