Insurance chief Barry Smith made director of new business

Fortis has set up a life insurance business, Fortis Life UK, in a bid to grow its business in the UK.

The new business will be headed by Martin Werth, former business development manager with Munich Re. Meanwhile former head of e-business for Friends Provident Life & Pensions, Shanti Duggal, has taken up the post of operations director.

Other directors appointed to the new company include members of the Group's general insurance division: chief executive Barry Smith, chief financial officer Julian Harvey, head of strategy and planning, Matthew Thomas.

The company has not said as yet which products the new business will provide.

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