Broking MD role is absorbed by Oval in cost-cutting restructure

Howard Pepper

Oval lose Howard Pepper as part of efficiency drive

 

The MD of Oval Insurance Broking has been made redundant as part of a cost-cutting drive at the company, Insurance Age has learned.

Howard Pepper's role as MD of the broking division has become superfluous and the division will now come under the remit of the overall MD of Oval Insurance Broking and Financial Services, Jeff Herdman.

In a statement, Oval said: "In common with many companies at this time, Oval Insurance Broking and Financial Services has decided to streamline its running costs

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