London, 1st March 2010 - Jubilee has today announced the next stage of its strategic growth plans with new senior appointments.
With effect from 1 May 2010, Clive Buesnel will join Jubilee as Group Chief Executive Officer. Clive was one of the founding team of Xchanging and was Managing Director for the Insurance sector operations (XIS and XCS) and in 2006 formed Xchanging Broking Services (XBS). The appointment is subject to Lloyd’s and FSA approval.
Lord Marland, Jubilee Group Chairman said: " We are delighted that Clive is joining our management team as Group CEO. He has proven business building and operational experience, which will be crucial in achieving Jubilee's strategic aims."
At the same time current CEO Andreas Loucaides will become Group Development Director. His remit will be to drive business development across the Jubilee Group focussing on new lines of business and capital raising.
Commenting on his new role, Andreas said: "Jubilee has reached an important milestone following the unification of our brand and the merger of our syndicates. We are now ready to move forward with a strong focus on distribution and diversification and I am very much looking forward to working with Clive to accelerate our growth."
Lord Marland commented: "Andreas has established a strong foundation from which to build the business further. In his new role he will play a critical role in the Group’s future growth plans.
"These appointments enable us to build and develop our business for the future. The Board considers there are a great many opportunities available in the coming few years."
Ends
For further information contact:
Alex Wise Concise PR T 020 7100 3960 M 07710 665 615
Ian Barrett Concise PR T 020 7100 3960 M 07949 422257
Notes to Editors:
The company employs 200 staff based in five locations – London, Haywards Heath, Sidcup, Birmingham and Amsterdam.
Jubilee Managing Agency Limited has been an active participant in the Lloyd’s insurance market for many years. Underwriting through our Syndicates 5820 and 779, we are recognised and respected as innovators and authorities in our chosen classes of business.
Jubilee Motor Policies specialises in niche areas of the market including fleet, taxi, bus and coach insurance. The operation has long-term partnerships with a select panel of intermediaries.
Jubilee Global Property is an acknowledged market leader with an established track record in providing direct, facultative and binding authority solutions for clients, ranging from Fortune 500 companies to smaller commercial businesses. We write business, on a primary, excess of loss or full value basis.
Jubilee Personal Lines is a leading player in many specialist areas of the personal lines market. We are particularly well known as payment protection, accident & health and product breakdown insurance providers. We are also recognised as authorities in GAP, mortgage related and affinity schemes business.
Jubilee Life Assurance offers a comprehensive range of term assurance products both within the UK and globally. We provide solutions for private individuals, for businesses seeking cover for employees and for companies looking to develop products for their customers.
Jubilee Service Solutions is one of the UK’s leading administration companies delivering outstanding customer care and service. We offer flexible own-branded service solutions covering premium collection, policy issue and claims management facilities. We have a 5-star BACS accreditation backed up by sophisticated technology and highly skilled staff.
More information can be found at www.jubilee-insurance.com |