Pontypool-based insurtech firm pH Innovate has announced that it is set to expand its technical and marketing teams after winning several new customers.
The firm recently recruited five new employees – four trainee developers and a marketing executive – and plans to recruit a further four trainee developers in the new year.
“The five new recruits all come from the local area,” said David Harlow, a director at pH Innovate. “We’re extremely pleased with the calibre and quality of the local recruitment pool. One of our recruits has a degree in astrophysics, so we’re pleased to be able to say that we now have our very own rocket scientist.”
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Fellow director Stephen Peck said that, aside from the "personal satisfaction in helping develop careers and building skills, we find that we our employment recruitment programme gives us a competitive advantage in the market both through reduced cost of staff turnover and ability to provide a high level of technical skill to our customers.”
“While businesses are in dire need of technical skills, very few want to help develop these skills and instead chase the limited number of experienced or well-qualified applicants or they even end up outsourcing work abroad,” he said.
pH Innovate has won several contracts over the last quarter, including with a young driver insurance start-up, a comparison site for a large financial organisation, and with industry first insurance app Honcho.