WORKING HARD MUST BE FUN

Our team

Our highly capable team provide specialist skills tailored towards growing insurance distribution businesses. These skills include accounting, corporate finance, actuarial, data science, people development and marketing. Our capabilities are supported by a robust and continuous strategic process and most importantly, we adapt to support the needs of our partners, preferring to work strategically ‘on’ the business rather than operationally ‘in’ the business.

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Jaco Marx

Capital Management

Jaco is one of the founding members of Correlation Group. He is mainly responsible for balance sheet management and shareholder representation. A graduate from the University of Stellenbosch and University of Cape Town, he qualified as a Chartered Accountant in 1989. He has been involved in the insurance industry since 1992.

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Michael Thorpe

Managing Director

Michael joined Correlation Risk Partners in 2007 and is responsible for the strategic assessment, development and management of the group’s equity insurance investments, with a focus on the life and health insurance division. He is a Fellow of the UK’s Institute and Faculty of Actuaries and holds an MBA from the University of Cambridge’s Judge Business School. He’s a keen triathlete and water polo player.
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Alex Lugt

Managing Director

Alex joined Correlation soon after its formation and became Managing Director in 2015. He has worked across multiple personal lines insurance partnerships since 2004. He is a qualified chartered accountant, an enthusiastic triathlete and a keen chess player.
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Nicola Bean

Business Development

Nicky manages the new business function at Correlation. She has a Masters in Financial Economics from Oxford University, and has passed the Chartered Financial Analyst exams. Nicky is a foodie, she enjoys jogging, and loves to travel in her spare time.
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Sean Steyn

Investments, Corporate Finance & Business Development

Sean oversees our partnerships with the Granite Group & Frontier. He also has wider involvement in business development, corporate finance and the asset management function for a number of insurance partners. Sean has a Honours degree in finance, and is a qualified Chartered Accountant. He is also a founding trustee of the Bokomoso Education Trust in South Africa and the UK.

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Bindia Daya

Pricing (Non-Life)

Bindia is an Actuary from South Africa. She has extensive experience in technical pricing, demand modelling and optimisation/street pricing. She currently looks after the non-life pricing for all partners in the pet cluster. She is a foodie, food blogger, a wife and mum to two tiny humans.

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Grant Walker

Business Development & Partnership Management

Grant supports the new business function as well as the existing portfolio’s development initiatives. He is a Chartered Accountant, and has a Master’s degree in Finance from the University of Cape Town. Grant is a keen golfer, enjoys running, and is an avid follower of football in the UK.

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Natasha Taylor

Finance

Natasha assists with Compliance and KYC requirements within the group, as well as other finance projects. She is a graduate and member of the ICSA (The Governance Institute) in the UK, and has previously worked as an Accountant and Finance Manager. She enjoys running, reading and travelling.
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Abbey Powell

Actuarial - Life & Health

Abbey is part of the life and health insurance division of the business. She has a First Class BSc Honours Actuarial Science degree from Cass Business School London and is a part qualified actuary. She is currently studying to complete her actuarial professional exams. She enjoys travelling, concerts, tutoring and is a novice stamp collector.

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Catherine Wells

Finance

Cath deals with accounts, assisting with management reporting, budgeting and the administration of investments, as well as the day-to-day running of the office. She has a degree in Comparative Literature and is finishing off her AAT qualification, with aspirations to undertake CIMA. Cath's background is in events management. She’s a pop culture fan and loves walking and cooking.
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Rajeev Kolli

Information Technology

Raj has more than 15 years experience in technology, software and data warehousing and has a degree in Engineering. He is responsible for day-to-day IT activities, as well data mining, database management and building software applications for CRP and partners. This includes processing and reporting of Solvency II Data.
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Jean Eu

Acturial - Life & Health

Jean is responsible for the life and health insurance division of Correlation Risk Partners, providing support to a number of European life and health insurance partners. She is a Fellow of the UK's Institute and Faculty of Actuaries, with experience in UK life and health reinsurance markets. She is a keen foodie, a healthy-eating fitness enthusiast and a bookworm who loves dance.

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Henri Dowling

Portfolio Lead - Pet

Henri oversees Correlation’s pet insurance partnerships, being responsible for relationship management, financial reporting, shareholder matters, strategic advice and underwriting oversight. He holds an MBA from the University of Cambridge and is a qualified actuary . He is a sports enthusiast, particularly enjoying rugby, golf, cricket and boxing.

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Deborah Allery

Finance

Deborah is responsible for producing management reports, budgets, forecasting and support to a number of partnerships. Previous experience covers management and financial reporting, commercial planning analysis and systems development in a number of different industries.
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Niki Troullinos

People Development & Behavioural Science

Niki is responsible for personal development, manages customer complaints and is passionate about behavioural science in business. She has an Honours degree in Psychology and 9 years experience in the UK insurance industry. She is a big animal lover, enjoys water sports and a good book.
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John Henderson

Solvency & Capital

John advises on group solvency regulations and provides support to capital and investment management as well as risk analysis and management. He has an Honours degree in Engineering and a Masters in Business Administration. He has 20 years of experience applying analytical and structured thinking to business challenges across industry sectors. He enjoys spending time with his family and exercising outdoors.

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Samuel Theron

Investments & Corporate Finance

Sam assists in the partnership business, together with working on corporate finance and the asset management functions of a number of the insurance partners. Sam has a Master’s Degree in Finance from the Leeds Business School and has a strong interest in financial markets. In his spare time Sam is an accomplished rugby player.
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Ian Gatley

Digital & IT Transformation

Ian joined to assist Correlations' partners in driving Digital and IT Transformation. This includes introducing advanced cloud, AI and data management strategies. His qualifications include an MBA, Bsc Comp Sci as well as numerous industry certifications. He is passionate about technology and the intelligent use of data. Ian is an avid swimmer, fitness enthusiast and a qualified dive master.
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John Ho

Actuarial

John is a qualified actuary. He holds an MBA with Honors from University of Chicago Booth Business School and Honours degree in Aeronautical Engineering from Imperial College London. He specialises in Solvency risk management framework and has extensive capital experiences across Non-Life and Life insurances. He’s a keen cyclist and skier.
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Nicola Cherciu

Portfolio Manager

Nicola Cherciu

Nicola joined Correlation in the role of portfolio manager and works across partnerships. She has spent time both in consulting and within the insurance industry across different markets. She is a qualified actuary and has an MBA from IESE Business School. Nicola loves walking, yoga and travelling when she isn’t working or running after her toddler.

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Paige Wen

Actuarial - Life & Health

Paige is a qualified actuary within the life and health division of Correlation Risk Partners. She’s involved in pricing, product development, reinsurance as well as reporting for the partners. Paige is a frequent gym goer and enjoys travelling, cooking and wine tasting.

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Myles Crossland

Business Development & Partnership Management

Myles assists the existing portfolio’s development initiatives and supports the new business function. He is a qualified chartered accountant with experience providing strategy consulting and commercial due diligence services across various markets. He is a sports enthusiast who loves to travel in his spare time.

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Paul Mbenenge

Portfolio Lead - Pet

Paul oversees actuarial pricing, capital management and development of non-life products across a number of distribution and insurance partners. A part qualified Actuary and CERA charter holder with experience within personal and commercial lines across Africa & the UK. Paul is lover of food and travel,an avid marathon runner and cross border hiker.

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Martin De Lange

General Insurance Actuary

Martin is a Fellow of the Actuarial Society of South Africa and is passionate about driving better business decision making through the use of data. In his time off he enjoys a game of golf and travelling around as much as possible.

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Sean Jones

Business Development & Partnership Management

Sean has a broad base of commercial experience gained through 20 years of working across financial services. He provides strategic support, management acumen and underwriting expertise to a number of our partnerships. Sean holds a Masters in Business Administration and is a Fellow of the Insurance Institute of South Africa. He is a keen triathlete and a coffee addict.

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Jack Ferrier

Pricing (Non-Life)

Jack is in the non-life pricing function and has over 10 years experience in UK Personal Lines insurance, specialising in pricing and analytics. In his spare time he enjoys spending time with his young family and getting on the golf course.

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Kirsty Baker

Finance

Kirsty initially joined our group as an accountant in a subsidiary of CIL and was responsible for management accounts, cash flows, payroll, commission runs, claims payments and credit control. She joined CRP in 2016 and is responsible for the accounting and support of our various group holding companies. In her spare time Kirsty is an avid gym goer , enjoys running and holidays with her family.

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Julia Saulez

Partnership Management

Julia is part of the partnerships team and she focuses on our Motor Cluster and Insurance Backed Guarantee partners. She has a Masters Degree in Accounting and Finance from the University of Birmingham and is pursuing her CIMA qualification. Julia is a sports and outdoor enthusiast, playing hockey and golf in her spare time.

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Omer Khan

Actuarial - Non - Life

Omer is a part qualified Actuary with has a Master's degree from Cass Business School in Actuarial Management, with experience in reserving for both commercial and personal lines. He enjoys running and is a cricket enthusiast.

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James Saunders

Business Development & Partnership Management

James has spent 17+ years in financial services in London, Hong Kong and Sydney in banking, asset management and insurance across trading, treasury, liquidity management, sales & RM, risk management and business development. James joined Correlation in 2021 and works across partnerships and investments. He has an economics degree and is a CFA charter holder. James is a keen kayaker.

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Ed Ashton

Analyst

Ed graduated from the University of Bath with a BSc in Economics. He has a passion for data analysis and supports our partners on various strategic projects using his skills in analytics. Ed is a film enthusiast and loves skiing and DJing in his spare time.

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Harry Keating

Data

Harry graduated from Manchester University with a Master’s degree in Physics and has recently completed a machine learning project in collaboration with CERN. Harry is a keen guitar player and enjoys scuba diving as well as travelling.

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Stuart Taylor

Business Development & Finance

Stuart assists in the life and health insurance partnership business, together with providing support on the Group’s financial reporting and capital requirements. Stuart is a qualified Chartered Accountant with experience across various international markets. He is a keen tennis player, cyclist and traveller with a passion for wildlife conservation.

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James Goudie

Finance

James deals with accounts, assists with management reporting, budgeting and the administration of investments. He completed his Accounting and Finance degree in 2018, with aspirations to complete his CIMA qualification. James’ career started in the Cycle Industry as a Bike Fit and Performance consultant for luxury bicycle brands, before transitioning into Accounting and Finance. In his spare time, he is often found cycling on and off road and also practices Brazilian Jiu Jitsu and Muay Thai.

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Andrew Charlton

Business Development - Commercial

Andrew supports the business’ commercial insurance development initiatives. Having gained experience in the commercial insurance sector over the last 21 years, he is well positioned to assist with relationship management, underwriting, and strategy implementation and support. Andrew has a degree in business management, as well as various other industry certifications. In his spare time, he enjoys cycling and the odd run, as well as exploring different parts of the world with his family.