People
RI3K employ over 60 members of staff in their London office. The profiles of the executive team follow below.
Alex Letts
Chief Executive
alex.letts@ri3k.com
+44 (0) 20 7400 3500
After graduating from Oxford, Alex spent 15 years working in the international advertising sector. SMI Group which he founded in 1988 went on to become the largest business advertising agency in Europe, specialising in technology clients and pioneering web-based communications. SMI was bought by Groupe Publicis in 1997 where Alex served as Worldwide President and CEO of Publicis Technology.
Alex founded RI3K in May 2000 to build an electronic trading exchange for the insurance sector. In May 2007 a consortium led by Michael Spencer of ICAP and the hedge fund Eton Park took majority control of RI3K. RI3K employs about 70 staff and has a network of more than 270 companies trading on its service.
Alex is married with four children and lives in London.
Ian Meadows
Chief Information Officer
ian.meadows@ri3k.com
+44 (0) 20 7400 3508
Ian studied at the University of Nottingham and holds a a Masters in Financial Services Risk Management from the City University Business School, where he specialised in insurance e-business strategies. Before joining RI3K, Ian worked in facultative and treaty reinsurance underwriting for leading companies in London, Paris and Frankfurt, as well as defining special projects relating to e-business.
At RI3K, Ian leads the development strategy and operations, working with member companies to define and implement the market’s Trading Service. He supports the expansion of the global network of cedants, brokers and reinsurers as well as further enhancing RI3K’s understanding of the industry’s requirements.
Robin Merttens
Chief Operating Officer
robin.merttens@ri3k.com
+44 (0) 20 7400 3511
Since graduating with a Law Degree from St Catherine’s College Cambridge, Robin has spent the majority of his career working in the insurance industry. As Group Solicitor at Lowndes Lambert, he held a key role in the MBO and subsequent IPO, and later worked on the £250m MBO of Heath Lambert. When he left Heath Lambert in May 2000 to help found RI3K, he was Managing Director of Heath Lambert Overseas.
Robin was one of the original founders of RI3K in May 2000, and since that time, as the company’s Chief Operating Officer, he has sat on the Board and Executive Committee.
His responsibility at RI3K is to ensure that all aspects of the company co-ordinate effectively to support the needs of the customers and the market in terms of quality of service and in design and development of RI3K’s offering.
Kelly Fegan
Managing Director
kelly.fegan@ri3k.com
+44 (0) 20 7400 3510
Kelly previously worked as Compliance Officer for one of the world’s largest broking groups gaining more than fifteen years of insurance, broking and management experience.
Prior to joining RI3K, his varied roles have taken him across all sectors of the industry including management responsibility for Claims, Risk Management and Legal matters.
He has been with RI3K since its incorporation and is a member of the executive management team. His main areas of responsibility include executive management of all aspects of client delivery including business development, project implementation and support services.