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(From Post Magazine)
Steve Wood, the new general manager at Ecclesiastical Insurance's UK general insurance division, has promised to bring his leadership and skills as a moderniser to his role, which started today.
Mr Wood, who has spent a year away from the market since departing from First Assist - in which he sold his GBP750,000 investment - told Post Magazine he was delighted to be back.
"I'm pleased to be joining such a strong company. It has made steady profit growth over the past five years, with a GBP62m surplus and an operating ratio of 84% last year, which is very encouraging.
"I would hesitate to change things, as it appears to be doing very well. Having talked to the management and employees, I can see it is built on a strong underwriting ...