Andy Watson, Ageas UK Chief Executive, is to become the Chairman of the Association of British Insurer’s Motor Committee. The appointment takes effect from 1st January 2014.
The Motor Committee, made up of senior representatives of the Motor insurance market, acts as a focal point for setting industry standards and influencing Government on issues impacting the UK’s Motor insurance market, worth around £15billion in gross written premium income in 2012.
Ageas, the second largest Motor insurer in the UK, will work alongside other companies to ensure the voice of the Motor insurance industry is heard by opinion formers and policy makers. Andy will also remain a member of the ABI’s General Insurance Committee.
On the appointment, Andy Watson, CEO of Ageas UK said: “I’m delighted to be taking up this role, particularly at a time when there are so many key policy decisions impacting the future of the UK Motor market. The Government, regulator and competition authorities are currently very active in this area and we need to ensure that balance and sustainable policy which benefits consumers is adopted. I look forward to the challenge and to working with others in the industry to achieve better outcomes for customers.”
Huw Evans, Deputy Director General at the ABI added
“We are pleased Andy is taking a leading role in helping the ABI push forward insurers’ UK Motor market agenda at this crucial time for the industry. Andy has a wealth of experience and expertise which will be of real benefit in a critical pre-election period. I would also like to thank Keith Morris for his outstanding contribution to the ABI’s work.”