Aviva
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The appointment of Charlotte Jones is effective from 5 September, subject to approval by the Prudential Regulation Authority and Financial Conduct Authority.
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The decision marks the second time the carrier has explored an entry to Lloyd’s and ultimately reverted.
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The major UK insurance group has been exploring a launch since last year.
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He previously served as CEO of Neon, AFG’s Lloyd’s business, which was placed into run-off at the start of 2020.
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The UK insurance Number 1 could take over Covea’s ~£725mn GI operation.
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The carrier reported its highest GWP in more than a decade, improving by 6% to £8.8bn.
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Succession Wealth has completed 60 acquisitions of its own to date and manages £9.5bn of assets.
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Jason Windsor is leaving Aviva after 11 years, including two and a half as group CFO, to join Persimmon.
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Arklie follows in the footsteps of Patrick Tiernan, who recently swapped Aviva for Lloyd’s.
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It has been suggested that a Lloyd’s syndicate could provide a neat solution to the licensing needs of its growing specialty business.
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Aviva increased gross written premium (GWP) in UK commercial insurance by 16% to £1.9bn ($2.5bn) during the first nine months of the year, as continued rate momentum helped fuel its top-line growth.
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Staff turnover has been high in the class following a period of dramatic rating change.
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