27th February 2023
Oxbotica hires new VP of Risk and Insurance to accelerate autonomy transition for global businesses
Oxbotica, a global leader in autonomous vehicle software, today announced seasoned industry executive Rebecca Marsden has joined the company’s leadership team as Vice President of Risk and Insurance.
The newly created role is responsible for Oxbotica’s global risk management and insurance strategy and will be integral in enabling Oxbotica’s partners and customers to easily and rapidly deploy autonomy into their operations. By providing insurance expertise and innovative solutions, Oxbotica is removing the barriers to entry faced by companies across the autonomous vehicle ecosystem.
Rebecca brings over seventeen years international experience across insurance underwriting and financial services. She most recently served as Head of Innovation at Apollo ibott 1971 – a dedicated syndicate at Lloyd’s of London – where she specialised in data-driven underwriting with a particular focus on emerging markets including new mobility and the sharing economy. During her tenure at Apollo ibott 1971, Rebecca led the successful creation and underwriting of Oxbotica’s first zero-occupancy autonomous vehicle journey on a publicly accessible road in 2022. This was the first bespoke autonomous vehicle insurance policy wording in the UK and Europe.
Rebecca has previously held positions across a range of financial institutions including AXA, Willis Towers Watson, Credit Suisse and Goldman Sachs. Her broad experience has given her a unique perspective on utilising data-backed insurance solutions to bring new technologies to market.
“Rebecca is bringing her exceptional talents to Oxbotica at an incredibly important time for our pioneering customers. Today, we have a unique opportunity to rethink how we move people and goods using autonomous driving technology to help any company with transportation in its value chain get the most from their fleets. This is an important year for us as we scale the business globally and move to the next phase of the business. Rebecca will play a vital role in bringing our self-driving technologies to market, introducing insurance as an enabler and increasing our speed of deployment. I am pleased to welcome Rebecca on board and I know her leadership will have an enormous impact,” said Gavin Jackson, CEO at Oxbotica.
“I am thrilled to be joining Oxbotica at such an exciting time for the business. Having worked with the team closely over the last two years, I know first-hand that the company has a world-class leadership team and a uniquely innovative company culture. Oxbotica has an important role bringing together many industries – from insurance to logistics firms to vehicle manufacturers – to reap the benefits of autonomous driving today. I look forward to working closely with every single one of them to make our vision of Universal Autonomy™ a reality,” said Rebecca Marsden, VP of Risk and Insurance at Oxbotica.
The announcement comes on the heels of Oxbotica’s Series C funding announcement, where the company raised $140 million to deploy its operating system for autonomous vehicle technology to customers around the world. The Series C funding round is currently still open, with additional investors expected to sign on before the funding round closes in the coming months.