Former Brit chairman to ‘pursue future outside regulation’

Nick Prettejohn has resigned from the Prudential Regulation Authority after just nine months as an external board member.

The Bank of England said it has already begun to search for a replacement with similar insurance experience.

Bank of England governor and PRA chairman Mark Carney said: “I want to thank Nick for all of his insights and advice since he joined the PRA Board. We have benefited tremendously from his wealth of knowledge and experience. I want to wish him the very best for the future.”

Prettejohn resigned to “pursue a future outside regulation”, the PRA said.

The former Lloyd’s chief executive stepped down as the chairman of Brit and from the board of L&G to take up his post at the PRA in June.

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.

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