# David McDonald

> David McDonald is the London-based co-founder and Group Co-CEO of Acturis, the insurance software group he established with Theo Duchen in 2000. A qualified chartered accountant and INSEAD MBA graduate, he previously spent ten years at McKinsey in London and New York, where he led the development of its e-commerce practice. His Acturis work spans the growth of the UK business and its international strategy.

- **Role:** Co-Founder and Group Co-CEO at Acturis Group
- **Organizations:** Acturis Group, Acturis Limited, McKinsey & Company
- **Nationality:** British
- **Education:** MBA with distinction, INSEAD, BA, Heriot-Watt University
- **Known for:** Co-founded Acturis in 2000 and co-led its UK growth and international strategy., Helped build the group serving over 100,000 users in more than 40 countries, as reported in July 2024., Co-led Acturis when it received the 2012 Queen’s Award for Enterprise in Innovation.

## Career timeline

- **1990** — Received an MBA with distinction from INSEAD, having qualified as a chartered accountant before joining McKinsey.
- **Before 2000** — Spent ten years at McKinsey & Company, including as a partner in London and New York, and led development of its e-commerce practice.
- **2000** — Co-founded Acturis with fellow former McKinsey partner Theo Duchen.
- **2002** — Acturis cloud platform went live in July.
- **2010** — Acturis received a minority investment from Summit Partners to support expansion.
- **2012** — Acturis received the Queen’s Award for Enterprise in Innovation.
- **2013** — Acturis joined the Future Fifty programme and won Company of the Year - Mid Sized at the Growing Business Awards.
- **2014** — Acturis acquired Nordic Insurance Software, its first international acquisition.
- **2019** — Astorg acquired a minority holding as Summit Partners exited; Acturis expanded into Canada through Power Broker and France through Add Value.
- **2021** — Acturis announced an agreement to acquire Brovada from Willis Towers Watson, extending Canadian electronic trading connectivity.
- **2023** — The group acquired US commercial insurance platform Broker Buddha.
- **2024** — Astorg announced an agreement to increase its stake to approximately 52%; McDonald and Duchen remained committed alongside management and colleagues.
- **2025** — Announced FY2024 group revenue of £165.5m and technology reinvestment of £22.3m.

## Achievements

- Co-founded Acturis in 2000 and co-led its UK growth and international strategy.
- Helped build the group serving over 100,000 users in more than 40 countries, as reported in July 2024.
- Co-led Acturis when it received the 2012 Queen’s Award for Enterprise in Innovation.
- Co-led the business recognised by the Future Fifty programme and Growing Business Awards in 2013.
- Received an INSEAD MBA with distinction in 1990.

## Latest updates

- **2026-09** — Company development: Acturis and Sompo announced Marine Cargo digital trading on 28 September, including binding for eligible risks subject to underwriting criteria.
- **2026-09** — Company development: Markel announced its planned September launch of a standalone UK cyber insurance product on Acturis.
- **2026-02** — Company development: Acturis announced Great Place to Work certification for a second consecutive year, including the UK, Canada and France.
- **2026-01** — Group development: ICE InsureTech and Nordic Insurance Software unified under the ICE-Tech brand.
- **2025-06** — McDonald reported FY2024 group revenue of £165.5m and platform and technology reinvestment of £22.3m.

## Links

- Website: https://www.acturis.com/
- LinkedIn: https://uk.linkedin.com/in/david-mcdonald-3b15673

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Profile page: https://yespress.io/david-mcdonald
Published by YesPress — https://yespress.io
Last updated: 2026-10-20