Peter Vipond has been recruited by the Association of British Insurers (ABI) as head of Financial Regulation and Tax.
At the ABI he will manage work on solvency and capital in primary and secondary markets, financial reporting, taxation and the supervision of financial institutions.
He has joined from the British Bankers' Association (BBA) where he was the director of Strategy and International.
His appointment is important for the ABI as the Financial Services Authority (FSA) is increasingly focusing on the regulation of insurance companies.
ABI's Director General Mary Francis said: "There is a fast changing regulatory agenda facing the insurance industry in the UK. The EU is already starting further work on solvency, and the FSA's Tiner review is looking at many of the prudential issues. This is the right time to be strengthening the ABI's capabilities in this area."
