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Ex-Omega CEO Tolliday sues former employer

14 February 2011

Former Omega Insurance CEO Richard Tolliday has filed a suit with the UK High Court to have his compensation case against his former employer heard in Bermuda, The Insurance Insider understands.

Tolliday resigned from Omega in March last year days after the company's shareholders succeeded in unseating chairman Walter Fiederowicz and a number of non-executive directors.

Tolliday's application to the High Court to serve his claims outside the UK has been made on an ex parte basis, meaning that the...

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This article was published as part of issue February 2011/3

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