16 May 2022Insurance

MS Amlin lures Compre/Aviva leader to help reboot strategy and profits

Lloyd’s global re/insurer  MS Amlin Underwriting (MS AUL) has tapped a former Compre/Aviva leader to help develop and implement a range of strategic initiatives identified by the business following a strategic review by its executive team last year.

Rob Margetts (pictured) will join  MS AUL in the coming months, and will report to Martyn Rodden, director of strategy & transformation.

In his new role, Margetts will help enhance the company’s strategic capabilities, including plans across current and legacy portfolios, as well as supporting  MS AUL’s longer-term strategic ambitions, working with parent company Mitsui Sumitomo Insurance (MSI) and US-based sister company MS Amlin Distribution Holdings.

Margetts has more than two decades of industry experience in the re/insurance market and joins from legacy specialist Compre, where he has spent six years. He started at Compre as the head of M&A, responsible for executing all transactions, before becoming head of Lloyd’s in 2020, overseeing all operational aspects of the relationships with their managing agent and Lloyd’s of London, as well as leading the development of new business opportunities.

Prior to Compre, Margetts held several roles at Aviva, both within its UK general insurance business as the head of strategic capital management and head of capital management, with Aviva Group. He  also spent a decade in the re/insurance consulting space, including eight years at KPMG.

Rodden said: “I am delighted Rob has chosen to join the Strategy & Transformation team at  MS AUL.  As recently confirmed, our ambitions are focussed on a number of fronts, as we continue on our journey to consistently deliver a profit, as well as supporting our parent’s desire to become a more significant force in international markets.

“Rob’s role will place him at the heart of this strategy, utilising his extensive experience, contacts and relationship building capabilities to support  MS Amlin as it identifies the most valuable opportunities, as well as ensuring we take the advantage, to secure new revenue streams and distribution access.”

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