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People Moves: 10 - 14 January 2022

people and processes

The latest personnel and management news in the insurance sector.

Featuring: Aon, Consilium, Zurich, GoShorty, Aqueous Underwriting, Markel International

Aon hires FI leader
Aon announced that it has named Pete Rutherford as enterprise client leader, financial institutions in the UK. He joined the firm on 1 January and reports to Richard Phelps, head of financial institutions, UK and EMEA.

Rutherford will help build key client relationships for Aon and further strengthen its leading financial institutions practice, joining a growing team of senior experts

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McCafferty leaves chair role at BDH

Brendan McCafferty has left Top 100 Broker BDH, Insurance Age can reveal, with the business confirming it was an ‘amicable’ departure and there are no plans to replace the now former chair.

Aviva responds to Direct Line’s £10.6m fine

Aviva has confirmed it was fully aware of the ‘historical’ accounting errors that have led to the Prudent Regulation Authority hitting Direct Line Group with a £10.6m fine and stated there will be no impact on the integration or the financial benefits it expects from the takeover.

PRA fines Direct Line underwriter £10.6m

The Prudential Regulation Authority has fined UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group and now part of Aviva, £10.625m for a miscalculation of its Solvency II balance sheet during 2023 and 2024.

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