Headquarters:
Level 4, Tower One, International Towers, Barangaroo, NSW 2000
Year founded:
2007
Number of employees:
800+
Phone:
02 8076 0700
Email:
dave.slattery@nearmap.com
Website:
nearmap.com
LinkedIn:
linkedin.com/company/nearmap-com
“We prioritise embracing cutting-edge technologies, creative problem solving and continuous improvement to enhance our premium funding solutions and provide exceptional value to our clients”
Andy Watt
Chief Executive Officer
Linda Ho
Chief Human Resources Officer
Seth Ephron
Chief Financial Officer
Leadership
Andy Watt has been with Nearmap for almost 10 years, helping to guide the company through significant growth and transformation – from an ASX-listed innovator to a private equity-backed global leader in location intelligence. He stepped into the CEO role in 2023, focusing on scaling our impact and expanding what is possible with artificial intelligence and geospatial technology. Before joining Nearmap, he held leadership roles at The Walt Disney Company, Betfair and tomwaterhouse.com.
Chief Executive Officer
Andy Watt
Linda Ho leads the people and culture team, designing data-informed, human-centred strategies that drive business growth and organisational agility. An MBA with over 20 years as an HR executive in prominent technology companies such as Autodesk and Seismic, she is recognised for leading transformational change, scaling high-performance cultures and building future-ready organisations across high-growth and complex environments. Passionate about applying AI-powered solutions to enhance performance and efficiency, she is known for building sustainable talent ecosystems where people thrive, cultures evolve and performance endures.
Chief Human Resources Officer
Linda Ho
Seth Ephron joined Nearmap eight years ago, bringing experience from the UK and companies including Salmat and Betfair. A qualified Chartered Accountant with a master’s degree in finance, he works with the executive team to oversee growth, capital management and operational efficiency. His career spans multinational and high-growth businesses, with expertise in finance, commercial analysis and strategic planning. Ephron focuses on building robust financial frameworks that support sustainable performance and long-term value creation.
Chief Financial Officer
Seth Ephron
BRETT BASTOW, IQUMULATE PREMIUM FUNDINGs
Leadership
Leadership
Ray Savona
Chief Revenue Officer
Ray Savona has worked in industrial software for over 20 years. He is passionate about leveraging technology to drive business outcomes and building incredible customer experiences as the core for every go-to-market motion. He has been at Nearmap for over a year and, prior to this, led teams at Mural and Autodesk. Savona serves on several boards.
Chief Revenue Officer
Ray Savona
Tom Celinski, PhD
Chief Technology Officer
Tom Celinski delivers complex, high-stakes projects that others consider impossible. He has built and led high-performing teams across the US, UK, Australia, Europe, India and Southeast Asia, working in both multinationals and start-ups. At Nearmap, he oversees product management, corporate IT and the technology and engineering groups. With expertise in cloud, software, AI and complex systems, Celinski blends deep technical knowledge with practical execution, empowering teams to solve hard problems and deliver transformative solutions at scale.
Chief Technology Officer
Tom Celinski, PhD
Stevens & Associates Lawyers is a leading and trusted employment law firm based in Sydney known for delivering high-quality legal expertise in the area of employment law and industrial relations across Australia, alongside a proven track record of effectively and swiftly resolving a variety of workplace law issues.
In the past year, the firm’s growth has been notable. It has:
• experienced a 213% growth in the number of client matters, increasing from 149 client matters in the 2022 financial year to 390 client matters in the 2023 financial year
• improved its online visibility, leading to over 50 online enquiries each month and a conversion rate of client leads of up to 40%
• significantly expanded the breadth and type of matters that it advises on day to day, which has increased the firm’s skillsets, diversity and resilience
• expanded its community outreach by collaborating with local Sydney venues for client seminars and continuing active participation in a Sydney small/family business group
Stevens & Associates Lawyers has adapted to digital trends by implementing an effective strategy with SEO and web design, resulting in a structural shift that has seen increased representation of employees where the firm previously mainly advised employers.
The firm’s recognition as a “Fast Firm” attests to its momentum in the employment law space.
“IQumulate is on a technology journey, and we’re just getting started”
Wayne Tower,
IQumulate Premium Funding
Dave Tobias
Chief Product Officer
Chris Touchton
itel President
Nicholas Webber
VP, WC Litigation
Pam Chhabra
Manager – Residential Strata
David Tobias has over two decades of experience building data-driven products that transform how insurers assess risk, improve efficiency, and serve their customers. As chief product officer at Nearmap, he leads the vision and delivery of location intelligence solutions that power faster, more informed decisions. Previously, he co-founded Betterview, a leading property intelligence platform for P&C insurers, and previously scaled Research Specialist Incorporated into a national inspection leader. Tobias is recognised for creating actionable tools that bridge technology and insurance expertise, enabling organisations to proactively manage risk and uncover growth opportunities.
Chief Product Officer
Dave Tobias
Chris Touchton leads itel, acquired by Nearmap in May 2025. He has been at the company for more than 20 years, spearheading many of its product advancements, data initiatives and operational improvements. He works closely with customers and ecosystem partners to improve claim accuracy and efficiency.
itel President
Chris Touchton
Cemal Akgul sees the head of risk and collections role as pivotal in guiding and influencing business decisions. He has more than 15 years of experience across financial and government services, most recently with the NDIS, where he was the leading consultant driving the Risk Management process’ nationwide. Prior to that, he served various roles at BMW Finance across the United States, Hong Kong, Germany and Australia.
During Akgul’s tenure at BMW Finance, he predominately worked in risk management, guiding the organisation through seismic changes between 2016 and 2018. In his time prior, he was based out of New York, leading BMW Finance’s American subsidiary's market risk and data analytics teams between 2011 and 2016.
Akgul values a balanced approach to business, encourages a positive work culture and is passionate about teaching and guiding the business and individuals at IQumulate.
Head of Risk and Collections
Cemal Akgul
Stephen McMillan first entered the financial services Industry when he joined GE Capital as a finance analyst in 2008, from which he progressed through roles working both onshore and offshore. From there, he moved into Pacific Premium Funding as a financial planning and analysis leader in 2012 and was a key resource in the evolution of the business, first with the successful sale to Macquarie Pacific Funding and then the following progression into IQumulate Premium Funding, where he is now the commercial manager.
As commercial manager, McMillan leads a team that is responsible for commercial analysis and business support, identifying and reporting improvement initiatives, and the securitization and treasury functions of the business.
Commercial Manager
Stephen McMillan
One culmination of these efforts has been the real-world, needs-based IQEdge solution. A one-stop online quoting tool designed for both the Australian and New Zealand markets, IQEdge delivers quotes in under 60 seconds. Plus, the solution offers quote comparison and quote versioning capabilities, enabling users to review vital historical and financial data in a single page view.
IQEdge can streamline and automate application processing, underwriting document verification and payment collection, cutting the need for manual labour and minimising processing errors. A digital “self-service” platform, IQEdge, reduces the need for customer and administrative support. Meanwhile, borrowers can access their accounts, make payments and manage their policies independently and through sales and support teams, which are always available for further assistance.
“We’ve created a quality platform that simplifies the quoting process yet amplifies the customer experience,” says Gordon. “It’s a real game changer.” IQumulate offers an online digital quoting tool to clients. The best-in-market solution enables IQumulate to tailor funding offerings to brokers that align with their prefered distribution channel.
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What does IQumulate have in mind for the future?
“IQumulate is on a technology journey, and we’re just getting started,” says Wayne Tower, CEO. “Through continuous engagement with our clients, partners, marketplace and industry, we will listen to the needs as they arise and position our business to be agile and respond to changes as they occur.
“Faster decision-making innovations such as AI-powered decision support systems can expedite the underwriting and approval process, leading to quicker responses to clients. This can improve client satisfaction and potentially attract more business, creating a competitive advantage with the potential to allow IQumulate to command premium pricing or capture a larger market share.
“As forward-thinkers with a digital and ‘do it better’ mindset, we collectively and proactively look to learn and improve on our customer experience for our clients, paving the way for successful business outcomes for our clients and our business in the coming years ahead.
“We’re excited for the future and look forward to what’s on the horizon.”
Adam Basaldella
Manager – Claims
Stephen McMillan first entered the financial services Industry when he joined GE Capital as a finance analyst in 2008, from which he progressed through roles working both onshore and offshore. From there, he moved into Pacific Premium Funding as a financial planning and analysis leader in 2012 and was a key resource in the evolution of the business, first with the successful sale to Macquarie Pacific Funding and then the following progression into IQumulate Premium Funding, where he is now the commercial manager.
As commercial manager, McMillan leads a team that is responsible for commercial analysis and business support, identifying and reporting improvement initiatives, and the securitization and treasury functions of the business.
Product Manager
Claire Watson
Stephen McMillan first entered the financial services Industry when he joined GE Capital as a finance analyst in 2008, from which he progressed through roles working both onshore and offshore. From there, he moved into Pacific Premium Funding as a financial planning and analysis leader in 2012 and was a key resource in the evolution of the business, first with the successful sale to Macquarie Pacific Funding and then the following progression into IQumulate Premium Funding, where he is now the commercial manager.
As commercial manager, McMillan leads a team that is responsible for commercial analysis and business support, identifying and reporting improvement initiatives, and the securitization and treasury functions of the business.
Commercial Manager
Stephen McMillan
Claire Watson
Product Manager
Stephen McMillan first entered the financial services Industry when he joined GE Capital as a finance analyst in 2008, from which he progressed through roles working both onshore and offshore. From there, he moved into Pacific Premium Funding as a financial planning and analysis leader in 2012 and was a key resource in the evolution of the business, first with the successful sale to Macquarie Pacific Funding and then the following progression into IQumulate Premium Funding, where he is now the commercial manager.
As commercial manager, McMillan leads a team that is responsible for commercial analysis and business support, identifying and reporting improvement initiatives, and the securitization and treasury functions of the business.
Product Manager
Claire Watson
Claire Watson
Product Manager
Stephen McMillan first entered the financial services Industry when he joined GE Capital as a finance analyst in 2008, from which he progressed through roles working both onshore and offshore. From there, he moved into Pacific Premium Funding as a financial planning and analysis leader in 2012 and was a key resource in the evolution of the business, first with the successful sale to Macquarie Pacific Funding and then the following progression into IQumulate Premium Funding, where he is now the commercial manager.
As commercial manager, McMillan leads a team that is responsible for commercial analysis and business support, identifying and reporting improvement initiatives, and the securitization and treasury functions of the business.
Product Manager
Claire Watson
“We see innovation as something that has to be purposeful. It isn’t about novelty; it’s about solving problems that matter”
David Tobias, Nearmap
“It removes doubt. Insurers can underwrite with confidence, reduce claims leakage and manage portfolio risk with far greater certainty”
David Tobias,
Nearmap
Ivan Verescuk
Chief Executive Officer and Managing Director
Shaun O’Brien
Head of Underwriting
Emily Walker
Head of Strata and Development
Rex Oakman
Head of Operations and Risk
Sandy Newton
Head of Underwriting
Andrew Mitchell
Manager – NSW
Michael Prokopis
Manager – Southern Region
Pam Chhabra
Manager – Residential Strata
Jeffrey Valdivia
Manager – Commercial Strata
Adam Basaldella
Manager – Claims
The 2025 launch of Portfolio Intelligence by Nearmap gave insurers their first portfolio-wide view of concentrated risks, market openings and agent performance in a single platform. The release marked a milestone in a run of innovation that earned Nearmap a place on Insurance Business’ 5-Star Insurance Innovators list for 2025.
The company’s identity has always rested on precision and innovation, but it is just as much about people as technology. Nearmap describes itself as a problem-solver first, designing aerial capture systems and AI-powered models that give customers certainty when they need to act fast. Partnership is part of that culture, and it positions itself as a collaborator, working alongside clients to turn intelligence into results.
What sets Nearmap apart is its full-stack control of property intelligence. It designs and operates the cameras, processes imagery in-house and delivers the output through flexible platforms and APIs. That ownership means customers don’t have to reconcile fragmented datasets from different providers. For insurers, it translates into a single source of truth.
“It removes doubt. Insurers can underwrite with confidence, reduce claims leakage and manage portfolio risk with far greater certainty,” explains chief product officer David Tobias, who co-founded Betterview before its acquisition by Nearmap in 2023.
IQumulate invests in education and people, which are vital to attracting new business and talent to the company.
“We have long tenures for several of our key staff, including some in leadership positions, and this sound working knowledge of our business, practices and industry provides great insights and a wealth of experience to offer our clients,” says Bastow. “Our new head of sales, Graeme Gordon, formerly manager for New Zealand, joins us in Australia to drive our sales strategy and lead our team to successful outcomes for our clients and our business. We look forward to great things ahead with Graeme as he continues to be active and present in the New Zealand market as well as building sound working relationships and new connections in Australia.”
Clients can also expect a lot from working with IQumulate.
“Through active engagement with our trusted broker network, IQumulate provides relevant information, education and training content,” says Graeme Gordon, head of sales. “Our clients can expect IQumulate to support their business in several ways, providing an understanding of what premium funding solutions are available and how IQumulate can spread the cost of insurance and help borrowers get the right level of insurance cover to free up their cash flow for other expenses or business growth opportunities. Premium funding is often considered a tool for those who simply cannot afford to pay their premiums in full. While this is certainly a significant driver for many, it is also successfully used by profitable companies who use premium funding to manage their cash flows more wisely or better manage their liquidity.”
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Tobias has been pivotal in directing the company’s insurance strategy. His earlier career scaling a national inspection business of 500 staff gave him practical insight into what tools insurers actually need.
That mindset runs through the wider executive team, whose combined experience in geospatial technology, AI and insurance has shaped a roadmap grounded in field realities as well as technical possibilities.
The most important strategic decision has been transforming Nearmap into an end-to-end property intelligence provider. The Betterview acquisition enriched the Nearmap technology stack with a more powerful set of AI capabilities that combined the best of both companies, delivering deeper risk insights for insurers.
In 2025, the purchase of itel extended its capability to property claims, allowing insurers to manage the entire policy lifecycle on one comprehensive platform. Nearmap kept investing in new products such as Portfolio Intelligence, which moved the conversation from property-by-property analysis to portfolio-wide oversight.
This mix of innovation and acquisition has given Nearmap a clear differentiator. Portfolio Intelligence, for example, allows carriers to identify concentrations of risk across geographies, adjust appetite and rebalance exposure before losses mount.
“We see innovation as something that has to be purposeful. It isn’t about novelty; it’s about solving problems that matter,” Tobias adds.
Clients who work with Nearmap describe reliability, clarity and partnership as defining features. The firm spends time with customers to understand the pressures they are currently facing, particularly in managing risk, responding to extreme weather events, and meeting evolving policyholder expectations, then translates those insights into practical, scalable solutions. Because Nearmap owns the entire stack from capture through to AI analysis, updates roll out quickly and with consistency across their solutions.
Future priorities build on that foundation. Nearmap is enhancing AI detections to give deeper insight into property vulnerabilities and refining claims tools to speed recovery when disasters strike. Its direction remains focused on combining technical excellence with a customer-first approach, keeping insurers confident and informed as their challenges grow.