Swiss Re UK&I CEO joins ABI board to help navigate ‘important issues’

Reinsurance giant Swiss Re’s UK & Ireland chief executive officer (CEO) is joining the board of The  Association of British Insurers (ABI) to help the organisation navigate the many important issues facing the industry.

Jason Richards (pictured), country president and CEO UK&I at Swiss Re, will join senior leaders from across the insurance and long-term savings industry including Barry O’Dwyer, ABI’s president and Royal London Group CEO, Cristina Nestares, Admiral UK CEO.

ABI’s board is chaired by Baroness Nicky Morgan as independent chair and joined by independent non-executive director Baroness Dianne Hayter, to provide diversity of experience and reinforce strong governance.

Richards has 30 years' experience in the re/insurance business. As CEO UKI, he is responsible for driving profitable growth of the UK & Ireland reinsurance portfolio and to strengthen Swiss Re's influence and position in the London market.

He joined Swiss Re in 2006 as part of the GE Insurance Solutions acquisition. During his 12 years at GE, he held a number of leadership positions in across different parts of the business including underwriting, corporate development, finance, Six Sigma process improvement, technical accounting and claims.

O’Dwyer said: “We warmly welcome Jason to the ABI Board. His wealth of experience will be a great asset and we look forward to working with him as we take forward our strategic vision for the ABI at such a significant time for our nation and industry.”

Richards commented: “The ABI plays a vital role in championing our industry and driving change for the good of the sector, the economy and for customers. It’s an honour to be joining the ABI Board and to work with Barry O’Dwyer, Baroness Morgan and all the Board members.”

Nicky Morgan, ABI chair, added: “I’m delighted Jason is joining the ABI Board. Having a broad range of experience and perspectives is crucial in helping to navigate the many important issues facing the industry, and Jason will greatly complement our Board members with his breadth of skills.”

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