Insurance technology firm BAIS has appointed GM David Hampton as CEO.

His appointment follows the decision of MD Jim Armstrong to take up a new role as Chairman after running the business for the last 30 years.

Mr Hampton says building up insurtech partnerships is one of his priorities for the business.

He is particularly keen to partner insurtechs that are looking for new avenues to showcase their “coolest” solutions.

“BAIS already provides one of the most robust and user-friendly insurance systems available,” he said.

“A successful partnership will provide our underwriting agency and broking clients with access to new solutions and know that all the right checks and balances remain in place.”

Mr Hampton intends to also concentrate on driving technology improvements and solutions for underwriting agencies.

He says this segment is not well served with dedicated insurance technology products.

Mr Armstrong says the business has found the right successor to take over, praising Mr Hampton for the work he has done since joining last year.

“The series of improvements to our operations, sales and client service capabilities that [Mr Hampton] has already made, demonstrate [he] is the perfect person to keep driving the company forward,” he said.