​Business health specialist appoints Reid as new chair

Business health insurance specialist Equipsme has appointed Stuart Reid as its new chair of the board.

Reid, who is a regular columnist for Insurance Times, currently holds a range of board roles, including being the chair of Partners& and Pikl.

His career has also seen him serve as chief executive and executive chair at Bluefin, as well as the chief executive of UK retail broking at Gallagher.

Reid has also been the vice president of the Chartered Insurance Institute (CII) and chair of Biba’s large brokers committee.

’Right moment’

Matthew Reed, Equipsme co-founder and managing director, said: “Reid provides the perfect blend of enthusiasm, advocacy and challenge that the board needs.

“His track record in growing businesses and capitalising on market trends speaks for itself and his input comes at just the right moment as we grow rapidly amongst intermediaries with a broad and holistic offer.

“We’re proud that he’s chosen us and look forward to working together to seize the opportunity to make health insurance an affordable reality for more people in all types of businesses.”

Reid added: “I am absolutely delighted to join the board at this significant moment. I was an original investor in Equipsme and have closely followed its growth. I believe the business has a rare opportunity to meet an intrinsic demand from businesses that wish to protect and support their employees.

“I have known Reed and many of the team for many years and have great faith in their ability to grow this business attuned to increasing customer demand. I believe that my involvement will support Equipsme to realise their ambitions to change an industry that has been poorly served by the current providers.”