23 March 2018Insurance

LV= appoints chief risk officer general insurance

Liverpool Victoria (LV=) General Insurance (GI), the UK’s third largest car insurer has appointed Kieran O’Keeffe as chief risk officer with immediate effect.

O’Keeffe will report to Steve Treloar, chief executive of LV= General Insurance.

In his new role, O’Keeffe will be responsible for leading the GI risk and capital functions and providing oversight of risk management across the GI business.

O’Keeffe joined LV= in September 2016 as general insurance finance director. Prior to that, he was chief financial officer for general insurance at the Co-op where he was responsible for all its finance activities, including capital management and reserving. From 2010 – 2013, O’Keeffe also held a number of roles within the risk function at Direct Line Group.

“As an industry, we continue to face uncertain times and it’s essential that we have a strong focus on risk and compliance,” Treloar said. “Kieran has extensive experience within the general insurance sector and this, combined with his financial and risk expertise, puts him in a very strong position to successfully manage our risk and compliance strategy. I’m confident he’ll do a fantastic job in this new role.”

O’Keeffe added: “I’m very happy to be taking up a role in a new capacity at such an exciting time for our General Insurance business, and I am looking forward to working closely with LV= and Allianz UK in the successful delivery of their strategic partnership.”

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More on this story

2 January 2018   Allianz Group and Liverpool Victoria Friendly Society (LV=) have completed the first stage in the creation of their joint venture and strategic partnership through the planned sale of 49 percent stake in LV=’s UK General Insurance businesses (LV=GI) to Allianz Group.