Brit Insurance Holdings PLC, the international general insurance and reinsurance group, today announces the appointment of Steve Richardson as Group Claims Director. Steve takes up his new position in late September 2009 and will report directly to Group CEO Dane Douetil.
In his new role, Steve will devise, implement and lead Brit Insurance’s claims strategy throughout the Group’s three strategic business units – Brit UK, Brit Reinsurance and Brit Global Markets. He will hold overall responsibility for the Group’s claims function.
Steve joins Brit Insurance from PricewaterhouseCoopers (PwC) where, as a Director, he oversaw insurance and claims advisory services for a wide range of clients. Before joining PwC in 2007, he spent eight years at Equitas as Head of Reinsurance – Assumed Claims, managing a large department responsible for global claims worth billions of dollars in a variety of classes. Prior to Equitas, he spent six years at KWELM as Head of Reinsurance – Ceded Claims. Steve is also a member of the Institute of Chartered Accountants and is a US accredited arbitrator (ARIAS).
Dane Douetil, Chief Executive Officer at Brit Insurance, commented:
“Brit Insurance has consistently been recognised as having an industry-leading and innovative claims function, providing a local service backed by a global platform. Steve’s experience in overseeing claims on a worldwide basis makes him the ideal choice to lead our claims operation as it becomes increasingly global.”
Brit Insurance announced its claims hubs initiative in late 2008, the first UK-based and Lloyd’s insurer to roll out this model. Each hub provide a comprehensive suite of local claims services to brokers, coverholders and customers. In addition to the existing sites in Cardiff and Atlanta, Brit Insurance plans to launch hubs in Europe and South East Asia in due course.
The post of Group Claims Director was previously held by Bob Foster, who has recently retired.
