The insurer has suffered a torrid few years with the FCA amid mis-selling fines

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Troubled credit card and ID theft insurer CPP has named Michael Corcoran has chief financial officer, after Craig Parsons ended is 13 years at the company in June.

Corcoran, who has 20 years’ experience in senior financial roles, was previously international chief financial officer at Franklin Templeton Investments.

CPP chief executive Stephen Callaghan said: “I look forward to Mike’s continued contribution towards CPP’s strategic development as we move the firm towards our objective of becoming the international assistance business of choice.”

Corcoran will also join the company’s board of directors.

Callaghan added: “His strong business and regulatory background is exactly what CPP needs of its new CFO.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.