7 July 2015 Insurance

RSA hires Towergate interim CEO

Insurer RSA has appointed Scott Egan as an executive director and group chief financial officer (CFO) of the company.

Egan, who is expected to join RSA in the fourth quarter, currently serves as interim chief executive officer (CEO) of Towergate.

He joined Towergate in 2012 as CFO and since February 2015, he has held the role of interim CEO. Prior to joining Towergate, he served as group chief financial officer at Brit Insurance.

Stephen Hester, group chief executive of RSA, said:“I am delighted to welcome Scott to RSA. He is an outstanding professional who will strengthen our team and bring excellent skills and in-depth knowledge and experience of the insurance industry. Scott’s appointment is another positive step in building a strong and valuable RSA."

Egan added: “I am incredibly excited to be joining RSA and I am looking forward to working with Stephenand his team as well as the Board in cementing a bright future for the company.”

John Tiner, chairman of Towergate, said: “I would like to thank Scott for his significant contribution to Towergate and the leading role he played in securing the group's successful restructuring and recapitalisation.

“We wish Scott all the best in the next phase of his career. Towergate is now a stronger, refocused business with a more confident outlook and a depth of talent throughout the company. These attributes are key in serving our clients and position the company for success in the future.”


More on this story

Insurance
7 December 2023   The move aims to sharpen its focus as a UK commercial and specialty lines player.
Insurance
23 November 2023   RSA sees opportunity to grow despite lack of capacity in the wholesale property market.
Insurance
16 November 2023   ‘Gender should never be a barrier to spending time with your new child,’ says head.

More on this story

Insurance
7 December 2023   The move aims to sharpen its focus as a UK commercial and specialty lines player.
Insurance
23 November 2023   RSA sees opportunity to grow despite lack of capacity in the wholesale property market.
Insurance
16 November 2023   ‘Gender should never be a barrier to spending time with your new child,’ says head.

Intelligent Insurer
Newton Media Ltd
Kingfisher House
21-23 Elmfield Road
BR1 1LT
United Kingdom