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Technology news - Kinnect bosses quit.

Europe Intelligence Wire

| October 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(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 ...

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