Nick Caplan appointed chairman of Thatcham Research
Nick Caplan will succeed Graham Gibson as chairman of Thatcham Research following an extensive review.
The review, led by Gibson, was carried out to ensure that Thatcham Research has the right board structure, governance and director skill sets for the evolving insurance, automotive and consumer sectors.
To bridge both the insurance and automotive sectors, the existing board decided that an independent non-executive chairman would be best able to support the company’s core purpose of delivering Automotive Risk Intelligence. Caplan brings a wealth of experience spanning financial services, insurance, data and technology.
He chaired Faster Payments, helping to align the UK banking industry to revolutionise the UK’s automated payments infrastructure, and also served as an independent non-executive director (INED) Covea Insurance.
Nick Caplan takes pivotal role
Jonathan Hewett, CEO of Thatcham Research, said: “Having appointed two INEDs in 2021, we have seen the value of cognitive diversity around our board table. As Thatcham Research continues to evolve its strategy through the delivery of new research, assessment and data driven propositions such as the new Vehicle Risk Rating model, replacing Group Rating, its vital that we have somebody of Nick’s calibre and experience to encourage debate and challenge.
“I would also like to thank outgoing chairman Graham Gibson, for his participation in the selection process and for his dedication to the role over the past seven years, which have seen significant transformation and growth for the business.”
Caplan said:
“Thatcham Research already plays a pivotal role in the insurance and automotive sectors. Its research and data analysis capabilities are evolving quickly, and I look forward to working with the executive team and stakeholders on the next stage of the company’s dynamic evolution.”
