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RSA announces new commercial lines business model

RSA announces new commercial lines business model

RSA announces new commercial lines business model Leading British insurer RSA has announced the reorganization of its commercial lines operations with the establishment of two new divisions. The company has also appointed a chief underwriting officer for the UK & International regions.
 
RSA’s UK commercial lines operations will be divided into two units according to customers’ needs, types of risk, and geographical location.
 
The Global Risk Solutions division will cover global specialty lines, including marine, and will be headed by managing director Hayley Robinson, who was previously global specialty lines director at RSA.
 
Commercial Risk Solutions will cater to small and medium enterprises (SMEs), regions, mid-market, and delegated business, as well as the Motability partnership. Jim Reeve, the current commercial sales & distribution director, will be the interim head of the division until a permanent appointment is announced.
 
Meanwhile, Finlay Smith was appointed as chief underwriting officer, UK & International, effective immediately. He was formerly UK commercial underwriting and pricing director. The underwriting function will provide support to RSA’s transformation and modernization initiatives.
 
Robinson, Reeve, and Smith will all report to Steve Lewis, RSA CEO for UK & International. The appointments are subject to regulatory approval.
 
Lewis said: “Our new commercial lines operating model provides a much greater level of clarity and focus around how we go to market and deliver effectively for our customers and brokers, and gives due recognition to their different needs. This enhanced business focus allows us to be more agile and responsive, and ultimately easier to do business with, while providing the best products and services.”
 
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