Flood Re has given the interim CEO role to Andy Bord, an experienced industry executive who formerly led Staysure
and BGL Group
Bord will join Flood Re on January 23 and will replace Brendan McCafferty starting February 10.
“Flood Re has so far helped tens of thousands of people get access to affordable flood insurance but there is still more to do,” Bord said.
“There is a clear plan and I am excited about joining the team to continue taking the scheme forward in the coming months,” he added.
Bord most recently served as CEO and managing director at Capita Insurance Services. He was also the deputy CEO at Staysure and managing director at BGL Group, which owns Comparethemarket.com
Earlier in his career, Bord was also the head of mobile convergence at Vodafone and led its UK online and consumer direct sales.
“Andy has a strong knowledge of the insurance sector and he has worked as both a permanent and an interim chief executive,” said Flood Re chairman Mark Hoban.
“His strong consumer background and experience of working in complex regulated environments will be particularly helpful as we continue our efforts to ensure that as many people as possible benefit from the scheme,” he added.
Hoban said the search is under way for the permanent, full-time CEO post.
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