Brit appoints new UK CEO
Brit Insurance Holdings has continued to bolster its senior management while takeover talks progress with US private equity firm Apollo.
The insurer announced this morning that it completed its search for a new UK CEO with the hiring of Ray Cox.
Cox's appointment is a reminder that Brit's day-to-day operations are still going on despite Apollo's due diligence exercise and the takeover ruckus that has dominated the last two months.
Brit is made up of three business units: the UK...
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