Brit loses distribution head Tim Grant

A spokewoman for Brit confirmed Mr Grant's departure but said she could not comment on any new role he may have.

She added that it was also too early to reveal who would take over his high profile role.

However, a source close to the situation said Mr Grant was joining Dual Corporate Risks.

According to the source, Brit has promoted the current distibution leader for small business and personal lines, Vivek Banga, to the position of head of distribution.

Former head of business development for