UK General appoints former RSA executive as CUO
UK General has appointed a former Surestone Reinsurance and RSA executive as its new chief underwriting officer (CUO) after its existing CUO moved to the US.
David Boulcott (pictured) replaces David Brown, who returns to the US after fulfilling the role on an interim basis during 2021. He will report to Tim Smyth, CEO, as part of the executive team.
Smyth said: “David [Brown] has been a tremendous asset to the business and leaves with our thanks and best wishes for the future.
“I am delighted that we have been able to appoint such a seasoned and experienced underwriter in David Boulcott as CUO.
“He will play a pivotal role in supporting our drive for profitable growth across UK General, and in particular utilising our investment in business intelligence capability to enable us to achieve pricing sophistication, underwriting advantage and an enhanced customer journey.”
He added: “David has been involved with Primary Group (owners of UKG) for some time and is well known in the business, among our external stakeholders and colleagues. He has already built a good understanding of our strategy and operations which enables him to hit the ground running in January as we really push forward with our growth plans.”
Boulcott said: “ UK General has a clear and compelling strategy in place and I am excited by the opportunity to play a leading part in the next phase of its journey.”
He added: “The business is among a number of MGAs who are well-positioned to seize the opportunities presented by the post-pandemic market having removed underperforming business, developed its data and technology proposition, improved governance and strengthened capacity provision.
“Although 2022 will still face plenty of headwinds derived from the pandemic, I am confident UK General will be part of a thriving and successful MGA sector during the rest of this decade.”
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