Mike McGavick Joins mea Platform as Board Chairman and Strategic Advisor
Veteran Insurance CEO and Leader Known for Steering Global Institutions Will Accelerate mea’s Next Phase of Growth.
BERMUDA – May 13, 2025 — mea Platform, the rapidly scaling AI solution transforming insurance transactions and operations, today announced the appointment of Mike McGavick as Board Chairman and Strategic Advisor.
A recognized leader in global insurance, McGavick is the former CEO of XL Group (now AXA XL) and former Chairman, President, and CEO of Safeco Insurance. McGavick has also served as Chairman of the Geneva Association and the American Insurance Association, earning a reputation for reshaping organizations and advocating for industry-wide improvements. He currently serves as Co-Chair of the Operating Board of Directors at Bridgewater Associates, the world’s largest hedge fund.
mea Platform was built to solve one of the insurance industry’s most costly and entrenched problems: finding maximum value in the massive amounts of unstructured data and critical information locked inside proprietary formats and legacy systems. Rather than forcing expensive, years-long transformation efforts, mea leverages proprietary and mass-market large language models (LLMs), including GenAI and Agentic AI workflows, to extract and adapt data from any source—enabling seamless flow across submissions, placements, claims, and more.
“I’ve spent my career helping this industry evolve, and one of the most persistent obstacles has always been value from data. The (re)insurance industry has spent untold millions to use the data it has, structuring and confirming it, with frustration and no where near the promised outcomes. And painfully, these efforts are combined with the false promise of tech solutions that never quite deliver,” said McGavick. “mea is different. It solves the core problem by finding the maximum from existing data in nearly any current format, out of the box. This platform works—and it works now. That’s why I’m excited to help bring its impact to more companies across the (re)insurance space.” mea’s platform delivers measurable business benefits from day one. Clients have reported submission processing in minutes, a 75% improvement in speed to quote, a 10% increase in quote-to-bind conversion, and a 40% uplift in underwriter productivity—while reducing expenses by up to 65%.
Martin Henley, CEO of mea Platform, commented: “Mike’s track record of strategic leadership, growth acceleration, and industry advocacy is unmatched. His insights will be invaluable as we continue building momentum in insurance and expand mea’s reach into adjacent sectors where the same fundamental information problems exist.”
Trusted by leading global carriers, mea has maintained a 100% client retention rate since launch.
With McGavick’s appointment, mea Platform reinforces its commitment to removing friction from insurance information flow—helping businesses move faster, operate smarter, and grow more profitably.
About mea Platform
mea Platform is transforming how insurance organizations manage the flow of critical information. Built by insurance veterans, mea solves the persistent problem of exchanging data trapped in proprietary formats and legacy systems. Leveraging proprietary and mass-market AI models, including GenAI and Agentic AI, mea enables rapid deployment, immediate operational impact, and scalable growth.
Learn more at www.meaplatform.com.
Contact:
mea Platform
Phone: +44 (0) 203 835 6201
Email: hello@meaplatform.com
