Davies bolsters FCA regulatory boards to support growth strategy

Insurance service provider Davies has appointed a new independent non-executive director to support the board with a focus on strategy, regulation and corporate governance.

Michele Turmore has joined the firms’ UK regulatory boards for its independent launch and host incubation platform for new and established MGA’s and brokers.

Turmore has held C-Suite roles in the banking and insurance sectors for businesses including Lloyds TSB, Harrods Bank Ltd and Allica Bank, as well as currently holding an INED position at Shawbrook Bank.

Joining two of Davies’ FCA regulated platforms, Turmore will also add further support to the platforms which provide insurance operations and consulting solutions for start-up, live and legacy intermediaries, in the UK.

Chris Butcher, CEO, Davies intermediary services, said: “Michele’s vast experience and expertise within the highly regulated sector will further strengthen our regulatory boards and ensure our clients interests are fully represented; I very much look forward to working with her as we continue to transform and disrupt the insurance market.”