Brit Insurance has announced the promotion of Ray Cox to chief executive officer of its UK Strategic Business unit. Cox will join the executive management committee and report directly to group CEO Dane Douetil.
Cox has over 30 years of experience in the UK commercial insurance market. He joined Brit Insurance in 2006 as Underwriting Director of the Group’s UK Strategic Business Unit. Prior to this, he held various senior positions at RSA, including Director of Underwriting and Risk for its UK business.
The role of UK Strategic Business Unit CEO was formerly held by Peter Burrows, who announced his intention to retire in late 2009, and has since held the position of executive chairman of the unit.
Dane Douetil, CEO Brit Insurance, commented: “In the current insurance market environment it is important that we capitalise on the success of our UK business and I am pleased that we have been able to appoint an internal candidate of Ray’s quality to provide continuity and stability. Ray has been an integral part of the senior team that has helped to build our UK underwriting business. His strong underwriting background and leadership skills, together with his intricate knowledge of the UK commercial market and our business, made him ideal for this position.
“I would also like to thank Peter for his pivotal role in leading our UK operations through a period of growth and transformation to become a major player in the UK commercial market. We wish him all the very best for his retirement.”
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