ME Group has appointed Richard Hopwood managing director of ME Consumer. Richard takes up his new role at the Cheshire-based LegalTech innovator with immediate effect, reporting to Group CEO Shaun Astley-Stone.
Shaun said: “Richard is a high calibre executive with senior level experience in a number of bluechip UK financial services companies. I am delighted that he is joining our leadership team, where he will play a key role in our plans to dominate the market for tech-based services in the consumer claims sector.
ME Group works with lawyers acting on behalf of customers who have been mis-sold financial services products, such as mortgages, to provide resolution for them, with the help of an expert solicitor. Since it began trading at the end of 2017, over 30,000 people have asked ME Group for help.
Richard Hopwood said: “There is an opportunity at ME Group to bring about huge improvements change in claims management for the benefit of customers, who at the moment are being short-changed by a cumbersome system. I look forward to working alongside Shaun to successfully achieve the Group’s long term strategy and make achieving redress much easier and cheaper for the public.”
ME Group’s unique software re-engineers the claims process by providing expert analysis and reporting to determine liability in complex legal matters such as mortgage or other financial services mis-selling. The reports assist lawyers to agree the appropriate level of compensation with the Financial Ombudsman Services (FOS), the FSCS and other bodies.
Richard Hopwood brief biog
Richard began his career at HFC Bank (part of HSBC) in 1982, where he spent over 20 years in a variety of roles, culminating in managing director, personal banking, between 2002-05.
He spent five years at Alliance & Leicester as divisional director, before becoming managing director, personal finance at Provident Financial Plc (2010), and then sales and marketing director at the West Bromwich Building Society (2010-2014). Before joining ME Group, he was sales and marketing director at EMC Advisory services.
About ME Group
ME Group, headquartered in Alderley Park, Cheshire, applies technology to legal services products on behalf of law firms and their customers.
We provide turnkey solutions for legal firms, encompassing client origination, legal and financial analysis, process outsourcing, case funding, and legal expenses insurance.
The ME LegalTech brand provides expert analysis and reporting services to determine liability and quantum in complex legal matters. This is uniquely ‘Tech’ driven, allowing for complex algorithms to be computed and enabling volume-driven services to be offered.
ME Group uses social media as their key driver for accessing and liaising with clients, and has ambitions to radically reform the system of making claims against mis-selling practices across a wide range of financial services products.
For more information please contact: Ben Welsh, 07568 382040