Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


Legal & General Insurance appoints Nick Frankland as the Managing Director for its new Fintech business     

Legal & General Insurance (LGI) has appointed Nick Frankland into a new role of Managing Director, Fintech, effective from 1 August 2017.

Nick Frankland

Nick Frankland

As the number one insurance provider for UK Retail Protection for 14 years with a 25% market share,

Legal & General has been at the forefront of technology innovation and digital business practices for nearly two decades since the launch of Online quote and apply for life insurance in 2000. This has enabled straight through processing for over 80% of customers and digital marketing has helped to grow our direct business by 56% over the last 3 years.

This newly created business will build and buy into a range of fintech companies that use the latest technology and innovative approaches to help and engage customers.

Legal & General, through its fintech subsidiary Investments Discounts Online (IDOL), has been helping customers for many years get better value insurance products operating as an online comparison tool for life, travel and pet insurance. Last year more than 2 million travel policies were arranged via the IDOL comparison tool. IDOL will form a key part of the new fintech business area.

Nick joined Legal & General in 2010 as a senior director and has since led a number of major businesses across the group including a period as Group Digital Operations Director. Nick specialises in transformation and Chief Operating Officer roles and has an extensive background in sales and marketing.  Nick’s most recent success has been as interim CEO of Legal & General Modular Homes where he was asked to take the company through its final stages of set up and into the commercial market. Prior to that Nick was Chief Operating Officer and Transformation Director for Mature Savings.

Bernie Hickman, CEO, LGIsaid,

“I’m delighted to announce the appointment of Nick Frankland to the role to take this business forward.

Legal & General have been industry leaders in technology and innovation for protection for many years and we have the opportunity to bring together the many benefits and strategic advantages that Legal &General enjoys with the fast pace, technology first, customer centric features of successful digital start-ups to create fintech businesses with the aim of delivering exponential growth”.

 Nick Frankland, Managing Director Fintech for LGI commented,

“I am looking forward to joining LGI to lead the fintech business. There are a number of exciting ventures already in the pipeline that will allow us to launch new offerings to customers. We have the capability and the opportunity using technology to make a radical difference and further grow our business”.

Continue Reading

Recent Posts