by Mark Chillingworth

Hyperion Insurance hires BP CIO Lyn Grobler

Nov 05, 2015
CareersFinancial Services IndustryIT Leadership

London based Hyperion Insurance Group has hired Lyn Grobler as Group CIO, replacing David Jack.

Hyperion claims to be “the world’s largest employee-owned insurance group” Grobler will join Hyperion in January 2016 to oversee all aspects of technology and implement an IT strategy to support the business in its next phase of growth, Hyperion said in a statement. She will be a member of the executive committee for Hyperion alongside the CEO, CFO and General Counsel.

In a statement Hyperion CEO David Howden said: “The way that we use technology and data is absolutely fundamental to Hyperion’s future success; it is not just part of our strategy, data underpins everything we do. Lyn’s experience in leading transformational IT projects in large, global organisations will be invaluable in ensuring that we are not only fit for purpose today but retain the agility that enables us to respond quickly to changing client needs as we continue to grow.

“Hyperion has always attracted the brightest talent and to secure a FTSE 100 CIO is testament to what we have achieved in what has been a transformational 12 months.”

Grobler said in a statement: “I am delighted to be joining Hyperion as it enters the next stage of its growth journey. I look forward to being part of an entrepreneurial, customer-focused organisation that truly believes that the future of meeting client needs lies in data and technology.”

Grobler has had a 12 year career at BP managing global technology projects and strategies within banking and trading organisations BP operates in London and South Africa.

Hyperion and its former CIO David Jack are currently rated third in the CIO 100 list of transformative CIOs put together by this title. Jack left Hyperion in the summer of 2015 to join Metapack a logistics aggregation business.

Speaking to me earlier this year Jack said of Hyperion: “There is a much higher margin in this business and therefore the scale and complexity is larger and also the opportunity to be more efficient.

“Insurance has an opportunity to be better, whether it’s from zero friction of transaction or finding better products for people. Many of our businesses will create a product, we probably have four or five mining industry products, so we have an increasing portfolio of interesting products.”