Karen Beales, CEO of UK General Insurance, is leaving her post as chief executive with immediate effect, according to an announcement from the MGA’s board.
UK General plans to start the process of looking for Beales’ replacement shortly, with John Spencer, currently the non-executive chair of the company, acting as executive chairman until a new CEO is appointed.
“The Board joins me in thanking Karen for her huge contribution to the development of UK General in recent years, and in wishing her well for the future,” said Spencer in a press release. “I look forward to working with the Board and the executive team to deliver on UK General’s ambitious plans, and to secure its reputation as the pre-eminent MGA in the UK personal lines space.”
