Brit Insurance announces the formation of a new, specialist team offering insurance to property investors as part of its UK business unit. The team will be led by Kevin Simmons, and will include a team of underwriters drawn from the Group’s existing operations in London and throughout the UK.
With 30 years in the UK general insurance market, Kevin Simmons’s most recent role was Head of Real Estate at Zurich Insurance. His experience at senior level crosses service delivery, performance improvement and customer relations, as well as managing regional underwriting operations.
Commenting on the new team, Ray Cox, Chief Executive Officer of Brit Insurance UK, said:
“This is a significant area of the UK property insurance market and we see opportunities for profitable growth capitalising on our existing portfolio in this area and complementing our overall UK property book. Kevin has considerable experience in the property investor insurance market, with an impressive track record of creating and developing successful and profitable underwriting operations. Under his leadership, our team of property experts will be well-equipped to make a real mark in this specialist area.”
Kevin Simmons will be joined by other Brit Insurance property specialists, including Andrew Jackson, UK Property & Packages portfolio manager, Amanda Doran, Property & Commercial Packages Underwriting Manager, and Andrew Tacey, a specialist underwriter. These key members of Brit Insurance’s Property Investors team all have extensive experience in this field.
Kevin Simmons commented:
“Property investors insurance is a significant market and one Brit Insurance is well-placed to serve, particularly with the expertise already on board and with its customer focussed approach. With the backing of an experienced team, I look forward to increasing our market share, creating a competitive range of solutions and making us a recognised leader in this business.”
Property investors cover will be available, via brokers, throughout Brit Insurance’s network of regional offices.
Source : Brit Insurance