New UK Commercial Lines Business Model Unveiled
RSA has announced changes to its commercial lines operation with the creation of two new divisions, as well as the appointment of a chief underwriting officer for its
Effective immediately, RSA's
* Global risk solutions covers global specialty lines including marine and will be headed by managing director,
* Commercial risk solutions includes SME, regions, mid-market and delegated business as well as RSA's
Focus on underwriting excellence
In addition,
This new operation will ensure greater alignment of RSA's portfolio management and best-in-class product pricing and underwriting across all businesses in the region. The underwriting function will also support the acceleration of RSA's transformation programme, which aims to modernise processes and make it easier for customers to do business with RSA.
Hayley, Finlay and Jim will report directly into
* "Our new commercial lines operating model provides a much greater level of clarity and focus around how we go to market and deliver effectively for our customers and brokers, and gives due recognition to their different needs. This enhanced business focus allows us to be more agile and responsive, and ultimately easier to do business with, while providing the best products and services."
He added:
* "Underwriting is at the heart of our business. Finlay's promotion to chief underwriting officer is in recognition of the increased importance we place on this discipline as the adoption of enhanced pricing and underwriting practices accelerate in a digital and data-enabled world. I am also delighted to have the opportunity to promote
Notes for editors
About RSA Global risk solutions
RSA Global risk solutions provides a full suite of commercial insurance solutions to complex and large clients in the
About
RSA Commercial risk solutions offers commercial insurance solutions to small and medium sized
About
Under the new structure, the
Biographies
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