Genasys expands with new business units and innovation HQ

Insurtech opens new office in Cape Town for product development

Genasys expands with new business units and innovation HQ


By Kenneth Araullo

Genasys Technologies has announced an expansion with two business units in South Africa, with one focused on continued product development and innovation.

Genasys London will continue to be led by group CEO André Symes (pictured right). Symes will head the insurance administration platform provider’s commercial growth strategy. Craig Olivier (pictured left), co-founder and group CTO, will be based at Genasys’ new South African headquarters in Cape Town, called the Product and Innovation Campus. Olivier will lead the new Genasys Software Solutions division from this office.

Genasys will retain its existing office in Johannesburg as its third office. In this location, newly appointed delivery and operations head Eugene Wessels will lead the Professional Services division while reporting directly to Olivier in the Cape Town office.

Driving technology expansion

In a press release, Symes said that the firm, through its new Product and Innovation Campus, is creating “a new workspace that will support our team to drive our technology expansion.”

“Through the creation of these two new business units we are in an exceptional position to propel our company forwards with real focus on our core strengths – our excellent cloud-based insurance software and our brilliant customer servicing,” Symes said. “This is an exciting moment in our Genasys story as these developments reflect our trajectory as a global insurtech company and our continued commitment to using technology to positively change the consumer view of insurance.”

The fast-growing insurtech made headlines last year as it launched a partnership with health solutions business Simplyhealth, resulting in the move of 2.3 million customers to a single policy platform.

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