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(From Reinsurance)
Lloyd's has confirmed the resignations of Toby Davies and Iain Saville as chief executive and executive chairman of Kinnect, respectively.
Lloyd's has opted to re-code the project with new technology suppliers, and suggested this was the backdrop to Mr Saville - who will continue to work for the market part-time - and Mr Davies' departures. A spokesperson for the corporation commented: "Iain has played a significant role in driving forward the business-process reform agenda and in developing the Kinnect platform.
After a distinguished City career in high-profile full-time roles, and having delivered considerable progress at Lloyd's, Iain has decided to scale down his commitments. Iain will continue to work with Lloyd's in a ...