David Forbes
Savills
David French
Harwell Capital

Matthew Fosh

Novae

London, UK

Chief Executive Officer

Novae

Matthew Fosh
Biography
Matthew Fosh joined the Novae Group as Chief Executive Officer in November 2002. He graduated from Cambridge University in 1979, where he won blues for cricket and rugby, and played as a professional cricketer with Essex. He joined the City in 1983 and following six years in the London stock market he moved into derivatives, where in 1989 he co-founded his own derivative trading business, Seagray Fosh Ltd. He sold this business in 2002 to ICAP plc and moved to the insurance industry as CEO of Novae Group. He sits on the Council of Lloyd’s and he is a Governor of Harrow School.

Personal Business Advice

"Do something today that your future self will thank you for."

Matthew Fosh’s Newsfeed

10 Aug 2017
Novae poaches Beazley operations head for group COO position

Lloyd's insurer Novae Group has appointed Adam Cragg as group chief operating officer. Cragg will report to Matthew Fosh, chief executive officer of NovaeFosh said: "I am delighted to welcome Adam to the team. He brings a wealth of technological and operational expertise to Novae and an exceptional track record. He is a key addition to the senior executive team and his knowledge, skills and experience will add enormous value to the Group."

11 May 2017
Novae shuts down casualty division

“We have completed the underwriting transformation of Novae into a focused Lloyd’s business, which has included the withdrawal from certain casualty classes where we deem future profitability to be unsustainable,” said group chief executive Matthew Fosh....“Establishing a point of differentiation in today’s market is critical – the Group’s strategy over the past three years has been to pursue that goal.”

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Matthew Fosh’s Background

Chief Executive Officer
2002 - Present
London, UK
Novae Group plc is an insurance underwriting company headquartered in London. The Company was founded in 1986 as SVB Holdings plc and changed its name to Novae Group plc in 2006.
Co-Founder
1989 - 2002
London, UK
Seagray Fosh Futures Limited was involved in the sale and execution of equity and fixed income derivatives. The company grew to become one of the largest brokers on LIFFE before its sale to ICAP plc in in 2000.
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Other Business Interests

Council Member
2010 - Present
London, UK
Lloyd's is an insurance market located in London's primary financial district, the City of London. Unlike most of its competitors in the industry, it is not a company but instead a corporate body governed by the Lloyd's Act of 1871 and subsequent Acts of Parliament.
Member
1995 - Present
London, UK
The leading professional body for securities, investment, wealth and financial planning professionals.
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Matthew Fosh’s Education

Modern Languages/Land Economy Degree, 2:2
1976 - 1979
1971 - 1976