Andy Watson to become chairman of the ABI’s Motor Committee
Ageas UK chief executive Andy Watson is to become the chairman of the ABI’s Motor Committee from 1 January 2014.
The Motor Committee is made up of senior representatives from the motor insurance market.
It sets industry standards and liaises with government on issues affecting the UK motor insurance market.
Watson will also remain a member of the ABI’s General Insurance Committee.
Watson said: “I’m delighted to be taking up this role, particularly at a time when there are so many key policy decisions impacting the future of the UK Motor market. The government, regulator and competition authorities are currently very active in this area and we need to ensure that balance and sustainable policy which benefits consumers is adopted. I look forward to the challenge and to working with others in the industry to achieve better outcomes for customers.”
ABI deputy director general Huw Evans said: “We are pleased Andy is taking a leading role in helping the ABI push forward insurers’ UK Motor market agenda at this crucial time for the industry. Andy has a wealth of experience and expertise which will be of real benefit in a critical pre-election period. I would also like to thank Keith Morris for his outstanding contribution to the ABI’s work.”
Ageas is the second largest motor insurer in the UK.