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Swiss Re announces departure of UK & Ireland CEO

Swiss Re announces departure of UK & Ireland CEO | Insurance Business

Swiss Re announces departure of UK & Ireland CEO

The search is on for a new man at the helm of Swiss Re’s UK & Ireland (UKI) operations.  

In an announcement, the insurance giant said UKI chief executive Frank O’Neill (pictured) has decided to leave in order to pursue an opportunity elsewhere. The company veteran’s exit takes effect on September 04.

O’Neill, who came onboard Swiss Re in 1998, has served as CEO for UKI since 2016 – returning to London at the time after taking on senior roles in Zurich, Singapore, New York, and Cape Town from 2002. He was with Liberty Group in Johannesburg prior to joining the reinsurer.  

“I would like to thank Frank for his tremendous commitment and contribution to Swiss Re over the last 20 years,” commented Russell Higginbotham, CEO Reinsurance EMEA (Europe, the Middle East, and Africa) at Swiss Re. “We wish him every success in his future endeavours.”

Swiss Re said the hunt for O’Neill’s successor has been initiated. In the meantime the firm’s head of life & health UKI Peter Elliott will be in charge. 

The departing executive is a board member of the Association of British Insurers.