MYI adds former Teceris partner as exec director on UK board

Commercial loss adjuster MYI has expanded its UK executive board with the appointment of Andrew Homewood as executive director.

Homewood has joined MYI from Teceris and is currently serving as deputy president of the Chartered Institute of Loss Adjusters (CILA), but is due to become president in September.

Teceris was formerly part of Capita before being sold to Questgates in February.

Homewood said: “I’m delighted to be joining MYI – the firm’s business model and trading style means that this was not a difficult decision for me to make. The opportunity to become a real shareholder in a truly global enterprise, run and owned exclusively by its employees is very appealing. MYI’s values are centred on technical excellence and professionalism, something that I see as vitally important in today’s market.”

Managing director Trevor Latimer said: "Andy is a leading name in the profession and his proven track record requires no additional amplification by me. His undoubted integrity, coupled with his popularity and experience of the marketplace make him an ideal fit for us, and his impending Presidency of CILA is good news for Loss Adjusters everywhere.

“This is a highly competitive marketplace and I am delighted Andy has chosen us ahead of other opportunities he was presented with. We’re looking forward to harnessing his energy and experience and I am in no doubt we will continue to expand with Andy’s assistance. Andy has much to offer the profession, market and indeed MYI, particularly as we continue to unearth many different and new business opportunities, so we are thrilled to welcome him. He will have a real impact.”