Appointment : Duncan Szeto is Presidential Life’s new chief actuary
Presidential Life has named Duncan Szeto as the new chief actuary of its operating subsidiary, Presidential Life Insurance Company. Mr Szeto replaces Jerrold Scher. He joined Presidential Life in 2007 as vice president of financial modeling. Prior to joining Presidential Life, Mr Szeto served in various actuarial roles at MetLife, Inviva and Prudential Financial. He also has several years of actuarial consulting and audit firm experience. Donald Barnes, vice chairman of the board, CEO and president of Presidential Life, said: “Duncan’s... Lire la suite
Nomination / Allianz : Gary Coton new Household Claims Operations Manager
Allianz is pleased to announce the appointment of Gary Coton to household claims operations manager. Gary brings with him 17 years of operational experience, most recently at AIG, where his principal responsibilities were to improve operational efficiencies in the Premium Booking and Accounts Receivable process. In his new role, Gary will be accountable for ensuring the day-to-day management of UK Household and Corporate Partner claims for Direct and Broker personal lines business and he will also be representing Bristol Claims at various Direct,... Lire la suite
Waseem Malik has been appointed to the role of Finance Director at AXA Insurance. He will be responsible for Finance and Strategy across AXA Insurance and be a member of the AXA Insurance Executive Committee. The role will provide a strong governance and control structure that supports the company’s business priorities of customer centricity, profitability and innovation. Waseem’s main objective, in an increasingly changing business landscape, will be to ensure the strong focus of the finance function in supporting the business’ development. Waseem... Lire la suite
New area director and Crisis Management for Aon
Craig Preston appointed area director for Aon Corporate’s Reading and Southampton offices John Harris appointed Global CCO of Aon’s Crisis Management (ACM) business Aon Risk Solutions, the world’s leading global risk and insurance firm has appointed Craig Preston, currently chief commercial officer (CCO) of Aon’s Crisis Management business, as area director responsible for Aon Corporate’s Reading and Southampton offices. John Harris, currently executive director with regional responsibilities for ACM UK and Ireland, will be taking over... Lire la suite
Royal Bank of Scotland Insurance is to close offices and cut staff
The company is set to close 14 of its 27 offices by 2013. The places earmarked for closure include the Direct Line call centre in Glasgow, two sites in Birmingham, two in Croydon and two in Bristol. Other closures will be seen in Farnham, Ipswich, Manchester, Peterborough, Romford and Cardiff, although these will happen gradually over the course of around three years, according to the company. RBSI announced in May that 2,000 jobs would go at its insurance division, which it was ordered to sell by the European Commission by 2013. More than 600 jobs... Lire la suite











