Company forms new business development group
Cassidy Davis, the specialist personal lines division of managing agency Jubilee, has lost a senior manager in the wake of a reshuffle.
Aidan Plumridge moved to company market insurer, Sterling within the last week after receiving an attractive offer, according to Cassidy Davis.
The news came as the company announced it had formed a new business development group as part of the reshuffle.
Cassidy Davis said the development group will aim to improve coordination between the Syndicates, Cassidy Davis and Jubilee, while implementing new lines and growing premiums over the next year.
Chris Biles, promoted from deputy to active underwriter on Lloyd’s Syndicate 5820, said: “Having previously been part of a larger US operation, we are moving to redevelop in the current marketplace. We have business developers visiting brokers at the moment.”
But Biles, who joined Cassidy Davis in 1992, did not reveal the targets for the year.
On Plumridge’s departure, he said: “Adrian received an offer he couldn’t refuse from Sterling. He will be involved in payment protection insurance there.”
Brian Jackson, previously active underwriter on Syndicate 5820, will now focus on his role as active underwriter for life Syndicate 779, and chair the business development group.
Martyn Headdey, currently senior class underwriter on the Syndicate, becomes deputy underwriter on Syndicate 5820. Jackson will continue as chairman of Lutine Assurance Services, a specialist provider of term life products and part of Jubilee managing agency.
Cassidy Davis had previously hinted at strategic growth with the appointment of Tony Darwall as business development manager in June 2007.
He was tasked with extending the broker’s distribution opportunities.
The company specialises in payment protection, affinity, engineering, personal accident and life products.