Mick Summersgill joins insurance run-off team as director
Ernst & Young has appointed Mick Summersgill as a director in its recently created dedicated insurance run-off team.
He joins from Zurich, where he was the chief financial officer for discontinued operations in the UK.
In a statement Ernst & Young said that Summersgill would be instrumental in developing the team’s strategic restructuring proposition while focusing on the delivery of restructuring and exit solutions for legacy insurance business.
He brings a wealth of significant experience to his new role. At Zurich, he assisted the chief executive officer of discontinued operations in managing one of the largest run-off portfolios currently under management in the UK (re)insurance market, comprising Zurich Specialities London and Eagle Star Insurance and its subsidiaries.
Summersgill is a fellow of the Association of Chartered Certified Accountants and is qualified in insolvency. Before joining Zurich, he worked in the insurance solutions team at KPMG.
Kevin Gill, lead partner in the Ernst & Young insurance run-off team, said: “Mick joins the team at such an important point in its development. His experience across industry and in practice is invaluable to us and our clients. I’m really looking forward to working with him.”
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