Flood Re appoints Paymentshield's McCafferty as CEO

People sandbagging flooded streets

New recruit takes over from Tom Woolgrove.

Brendan McCafferty has been appointed CEO of Flood Re, after a selection process run by the Flood Re directors and senior representatives from the insurance industry.

Currently commercial director at Paymentshield, McCafferty will begin his new role in Q4 2014. His appointment will be subject to regulatory approval as part of Flood Re's authorisation.

McCafferty has over 28 years' industry experience across insurance, broking and consulting. He has worked for Aviva and RSA, and was formerly UK

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