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Steven Mendel and Luisa Barile

Steven Mendel and Luisa Barile

ManyPets Co-founder Steven Mendel Steps Back As Group CEO

2 months ago
396 views

Posted
27th February, 2024 19h54

Author
ManyPets


Many Group, parent company of pet insurance brand ManyPets, has announced that longstanding Group CEO and cofounder, Steven Mendel, has decided to leave his post and is to be replaced by Luisa Barile, formerly CFO and current ManyPets UK CEO.

Mendel said: “After twelve years leading our business, from its beginning as a market-challenging start-up to the major pet insurance brand that it is today, it is time for me to step aside. Businesses need change - change of perspective and style, and we are no different from that. And I too feel like I need a change.”

“I am honoured to have driven ManyPets to become the ground-breaking business that it is today – one which has led the market in insurance product design and technology use. From pre-existing cover and moneyback, to being the first in the UK to make free video vet appointments part of all policies, ManyPets has played an important part in transforming pet insurance for the better. Businesses need different leaders at different stages and so it is time for a change. For me, I am looking forward to my next challenge, at the same time I am pleased to pass the leadership baton to Luisa who will, I am confident, capably lead Many Group as it continues to grow from strength to strength.”

“While I will be bidding farewell to the day-to-day operations of ManyPets, this is not goodbye. I’ll remain very much connected to the business in the role of a Non-Executive Director on our Board.”

Steven Mendel and Guy Farley started Bought By Many, now ManyPets, in 2012, and set out initially to help individuals club together to get deals on insurance. Mendel led the business to a pivot into pet insurance in 2017; a move which would see the business become international and grow to customer base of half a million pets and a valuation of $2bn.

Last November, the company announced a new UK executive team line-up including appointments to the Chief Underwriting Officer and Chief Operating Officer positions. Luisa will continue to lead the UK executive team, as she steps up to the Group CEO role. 

Luisa Barile, now Group CEO said: “It’s been an honour working with Steven these past six years. The company he and Guy started is truly impressive and seeing it grow has been extraordinary. I am pleased to be able to continue to tap into Steven’s experience and support as he remains involved in the business from a Board perspective. Looking to the future, as the new Group CEO, I am confident that ManyPets is headed in the right direction with a solid plan that builds on the clear success of the past.”

Steven Mendel leaves Many Group mid-April.


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