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Insurance Business | 19 Nov 2014, 12:07 p.m. Agree 0
The announcement of this merged insurer’s new management line-up has triggered the departure of two highly respected names.
  • Perception | 19 Nov 2014, 12:54 p.m. Agree 0
    This is so disappointing . Paul will be sadly missed by many within the industry and I hope this is not the start to more miscalculations by the new leader of NZI. Paul is one of the few that has real empathy with people at all levels and this is what is needed so badly in our industry right now
  • Boomer | 19 Nov 2014, 02:19 p.m. Agree 0
    Sad if a person of Toni Ferrier's capabilities was to be lost to the industry.
  • Concerned | 19 Nov 2014, 05:12 p.m. Agree 0
    I believe this is a misjudgement. With Paul's many years of experience and a person of ethical standards, this is a sad decision for the future of the industry.
  • Anonymous | 23 Nov 2014, 08:15 p.m. Agree 0
    This is a very sad time for Lumley - the end of an era and the end of a very effective leadership team. The Lumley executive team have disappeared under the radar during this merge - where are they all? John Lyon - CEO (left Lumley/IAG), Paul Munton - Head of Broker Products (left Lumley/IAG), Toni Ferrier - Head of Personal Lines (left Lumley/IAG), Wendy Lau - Head of Strategy and Risk (left Lumley/IAG), Alistair Smith - CFO (gone to IAG), Dean Edwards - Head of Distribution (TBA?), Daryl Palmer - Head of Risk Services (TBA?), and Mike Gardner - Head of IT (TBA?) - not a very good message being sent to IAG with the number of people resigning or seeking opportunities outside of IAG. Would also be interesting to see the number of Lumley people that exist now compared to this time last year pre-merger - especially with the likes of Lumley Liability and Lumley Marine - and also to hear which Lumley teams have been disestablished such as HR and support services etc.
  • Boomer | 28 Nov 2014, 11:18 a.m. Agree 0
    Hardly a 'merger' in the true sense of the word. Lumley has 'disappeared' just like Royal, Guardian, GRE, CU, Norwich, London & Lanc, National Mutual, NIMU, National, MLC, CML, Hartford etc. etc. and all those other glorious names from the past who 'merged'.
  • The Raconteur | 19 Dec 2014, 09:48 a.m. Agree 0
    the lack of importing senior Lumley people will eventually be to the detriment of IAG. Not much chance of changing the thinking of that organisation.
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