Hastings chairman Neil Utley has entered the Sunday Times Rich List top 1000 at 430= with a fortune of £160m.
Utley, who was previously chief executive of IAG UK, has overtaken Hastings founder David Gundlach, who sold the business to Insurance Australia Group in 2006.
He saw his wealth rise by £50m to £140m ranking him 703=.
Other newcomers to the list include Go Compare founder and chief executive Hayley Parsons who ranked at 751= with a fortune of £95m.
This makes Parsons the 20th richest person in Wales and 81= richest woman overall.
Admiral founder Henry Engelhardt ranked highest amongst insurance industry figures at 120= with £640m, increasing £76m on last year.
Direct Line and Esure founder Peter Wood is on the list at 457= with £150m, an increase of £30m.
Co-founders of motor insurer Sabre's parent Binomial Angus Ball and Keith Morris enter the Rich List top 1000 at 751= with £95m each. Last year the pair were ranked at 1470= on £42m.
Towergate founder Peter Cullum's fortune grew £50m to £450m. He ranked at 178=.
Elsewhere, Grahame Chilton, who sold Benfield to Aon in 2008 is at 776= with £93m.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
No comments yet