Rob Stavrou says: “This is a great time to join the company. I am impressed by the professionalism and quality of the Sequel team and their focus on innovation. Sequel’s strong commitment to existing and new product development demonstrates our position as the premier London Market solution provider.” Stavrou comes from a strong background in insurance software and joins Sequel from Northdoor, where he was Commercial Director.
Commenting on the new appointment, Mario Garcia, Managing Director of Sequel, adds: “Rob is one of the London insurance market’s most experienced IT experts. His addition to the leadership team is another strong step forward in meeting the high expectations of our customers. His role in extending Sequel’s active involvement in the market place will play a key role in growing our business.”
Founded in 1993 and headquartered in the City of London, Sequel Business Solutions Ltd are award-winning insurance and reinsurance software specialists. Sequel’s customers are underwriters and brokers within the Lloyd’s, Companies and international insurance/reinsurance sector.
In early July 2014 HgCapital announced its acquisition of Sequel. HgCapital is a sector expert private equity investor, supporting management teams to grow industry champions. Deeply resourced sector teams focus on specific sub-sectors and investment themes to identify companies occupying an established market position, and which have the potential to grow faster than their market, create employment and become the leader in their industry. HgCapital’s dedicated portfolio management team provides practical support to management teams to help them realise their growth ambitions. HgCapital invests in expanding segments of the TMT, Services, Industrials and Renewable Energy sectors across Western Europe. Based in London and Munich, HgCapital manages over £5 billion for some of the world’s leading institutional and private investors.