29 May 2013 Insurance

Kiln hires non-executive director

Kiln, a specialist re/insurance business which is part of the Tokio Marine group, has appointed Richard Bennison as a non-executive director to the R J Kiln & Co and Kiln Group Boards. Bennison, a chartered accountant, will chair the R J Kiln & Co Audit, Risk and Compliance Committee.

A financial services specialist, Bennison’s roles have seen him run a number of high profile relationships with insurance clients. He has spent his career spanning 35 years with KPMG where he most recently held the posts of chief operating officer of KPMG Europe LLP and CEO of KPMG in the UK. As COO and CEO, he held full responsibility for the UK firm’s operating performance and for driving the integration of the European arm comprising 35,000 people in 15 countries. Prior to that, he was KPMG’s UK head of audit, head of the Financial Services Advisory Group and head of Financial Services Audit in the UK.

The appointment follows the departure of Paul Wilson who has stepped down from the Board after seven years following his appointment as chairman of XL London Market.

“I am delighted to welcome Richard to the Board at this interesting time,” said Charles Franks, chief executive of Kiln Group. “We have made enormous progress in developing the business successfully with support from our parent, Tokio Marine over the past few years. This has enabled us to deliver, thanks in part to our focus on introducing new specialist product lines, enhancing our distribution networks and expanding our international operations.

“I would also like to take this opportunity to thank Paul Wilson for his time at Kiln. Over the past seven years, Paul has both supported and challenged the management team in his position as a non-executive director.”

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