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UK General welcomes new chief underwriting officer

UK General welcomes new chief underwriting officer | Insurance Business UK

UK General welcomes new chief underwriting officer

UK General has appointed David Boulcott (pictured) as chief underwriting officer, subject to regulatory approval.

In his new role, Boulcott will report to UK General chief executive officer Tim Smythas as part of the executive team and as a permanent replacement for David Brown, who returns to the United States after fulfilling the role on an interim basis in 2021.

Read more: UK General appoints new public sector division head

“I am delighted that we have been able to appoint such a seasoned and experienced underwriter in David Boulcott as CUO,” said Smyth. “He will play a pivotal role in supporting our drive for profitable growth across UK General, and in particular utilising our investment in business intelligence capability to enable us to achieve pricing sophistication, underwriting advantage and an enhanced customer journey.”

Tim added that Boulcott “has been involved with [UK General owners] Primary Group for some time and is well known in the business, among our external stakeholders and colleagues.”

“He has already built a good understanding of our strategy and operations which enables him to hit the ground running in January as we really push forward with our growth plans,” said Smyth.

For his part, Boulcott said that UK General has “a clear and compelling strategy in place and I am excited by the opportunity to play a leading part in the next phase of its journey.”

“The business is among a number of MGAs who are well-positioned to seize the opportunities presented by the post-pandemic market having removed underperforming business, developed its data and technology proposition, improved governance and strengthened capacity provision,” said Boulcott. “Although 2022 will still face plenty of headwinds derived from the pandemic, I am confident UK General will be part of a thriving and successful MGA sector during the rest of this decade.”