EY strengthens its financial services advisory practice with the hiring of a new technology partner

EY has appointed Fergal Spencer as a UK partner in its growing technology consultancy. Fergal will join the insurance technology leadership team, helping insurers advance their plans for growth and innovation.

Fergal Spencer joins EY from HSBC where he was responsible for strategic change and digital initiatives within the bank’s Global Commercial division. Prior to this role, Fergal spent 13 years at Accenture, leading the insurance practice where he shaped and delivered assignments in the insurance industry. In total, Fergal has over 25 years of experience in financial and professional services.

Paul Sparkes, UK Financial Services Consulting Leader at EY, comments: “I am delighted to have Fergal join our talented and highly successful consulting business as we accelerate our growth strategy. Fergal brings with him extensive experience in delivery, strategic planning and design expertise. This will be crucial for insurers as they navigate their digital transformation journey while dealing with the many market challenges that all businesses are currently facing.

Fergal Spencer comments: “The insurance industry is experiencing exceptional growth, but also disruption and challenges and I am delighted to join EY at this pivotal time. Digital transformation and innovation are huge focus areas for insurers – as for all financial services companies – and I look forward to helping EY clients shape their digital future in this post- -rapidly evolving pandemic.