Utley quits Privilege as it enters commercial sector.

Neil Utley has resigned as chief executive of direct writer Privilege Insurance. His departure comes...

Neil Utley has resigned as chief executive of direct writer Privilege
Insurance. His departure comes just as the Royal Bank of Scotland-owned
insurer is about to make a major push into the commercial lines
market.


Mr Utley was recruited three years ago by Privilege chairman Peter Wood
with a brief to accelerate growth and to eventually float the company.


Since Mr Utley's appointment, the firm's turnover has grown from £30m to
£100m and the number of staff has increased from 300 to 950.


However, the