A highly regarded leader in the global insurance industry, McGavick brings extensive experience as the former CEO of XL Group (now AXA XL) and former Chairman, President, and CEO of Safeco Insurance. He has also served as Chairman of both the Geneva Association and the American Insurance Association, and currently holds the position of Co-Chair of the Operating Board of Directors at Bridgewater Associates, the world’s largest hedge fund.
McGavick’s appointment comes at a pivotal time for mea Platform, which was built to address one of the insurance industry’s most persistent and costly challenges: extracting value from unstructured data locked inside proprietary formats and legacy systems. Rather than requiring expensive and lengthy transformation programs, mea leverages proprietary and mass-market large language models (LLMs), including generative and agentic AI workflows, to enable seamless data extraction and adaptation 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,” said McGavick. “The (re)insurance industry has spent untold millions to use the data it has, structuring and confirming it, with frustration and nowhere near the promised outcomes. And painfully, these efforts are combined with the false promise of tech solutions that never quite deliver. 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.”
Since launch, mea has demonstrated measurable business impact, including 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, all while helping insurers reduce expenses by up to 65%. The company has earned the trust of leading global carriers and has maintained a 100% client retention rate to date.
Martin Henley, CEO of mea Platform, emphasized the significance of McGavick’s involvement: “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.”
With McGavick joining its leadership, mea Platform reinforces its commitment to removing friction from insurance information flow—empowering businesses to move faster, operate smarter, and grow more profitably.
