Omega board under attack

Invesco demands chair and others be ditched and replaced

Omega Insurance shareholder Invesco Asset Management has demanded the insurer convene a special general meeting to sack and replace key board members, including chairman Walter Fiederowicz.

Omega is trying to resist the move and to talk Invesco out of forcing a vote.

Demanded changes include:

that Walter Fiederowicz be removed from the Board of Directors of the Company;
that Christopher Clarke be removed from the Board of Directors of the Company;
that John Coldman be appointed a Director of the Company to hold office as a Class II Director in place of Walter Fiederowicz;
that James Bryce be appointed a director of the Company to hold office as a Class I director in place of Christopher Clarke;
that Robin Spencer-Arscott be appointed as an additional director to hold office as a Class II director of the Company;
that Jonathan Betts be appointed as an additional director to hold office as a Class II director of the Company;
that Ernest Morrison be appointed as an additional director to hold office as a Class I director of the Company; and
that David Cooper be appointed as an additional director to hold office as a Class I director of the Company.

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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.