It is one of the giants of taxation and wealth management, but it is in the insurance sector where PricewaterhouseCoopers (PwC) has been making an increasingly significant impact in the UK – and now it has a new man at the helm to lead its charge.
Jim Bichard will take over as UK insurance leader, heading up the 1,000 strong practice and taking over from Jonathan Howe who had led the team since 2013.
Bichard had been in control of PwC’s London market and broking team having been with the firm for 20 years and racked up extensive experience in the reinsurance industry and also led the company’s Solvency II and regulatory team across the UK and EMEA.
Now he welcomes a new challenge, one in which he plans to prioritise supporting diversity in the sector among other challenges.
“I am thrilled to be asked to lead such a strong and diverse team who are passionate about what they do,” he said. “The insurance industry has never been a more dynamic place to work and although there are many challenges, there are also opportunities for the industry to restate its value to society and grow successfully.
“I look forward to working with our clients as they deal with technological transformation and business challenges, rising costs, ongoing regulatory or accounting changes and the process of the UK leaving the European Union.”
Meanwhile, Jonathan Howe will focus on the growing insurtech space and move into a senior role helping clients across all industries transform their operating models.
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