ERS Syndicate Management Ltd
Managing Agent Name: ERS SYNDICATE MANAGEMENT LIMITED
Subject: New CEO
Syndicate Affected: 0218
UK Motor Specialist insurer ERS is pleased to announce the appointment of Peter Bilsby as Group Chief Executive Officer (CEO), effective 1st November 2020 and subject to regulatory approval. Peter will work alongside Ian Parker to ensure a smooth transition into the full role as soon as possible, subject to regulatory approval. Ian will remain with ERS until the end of the year.
In addition, ERS is announcing the appointment of Richard Hextall in the newly created role of Group Chief Financial Officer.
The change is announced now to comply with Lloyd’s disclosure rules before the 2021 capacity auctions commence.
Both the SBF and SCR have been approved by Lloyd’s and remain unchanged because of this announcement.
Should you have any questions or concerns please do not hesitate to contact Ian Parker Ian.firstname.lastname@example.org, CFO Ryan Warren email@example.com, or ERS Chairman Francois Xavier Boisseau firstname.lastname@example.org.
Date issued: 19th October 2020
Agency contact name: Peter Merrett
Agency contact no: + 44 (0)1444 881943
For auction office use only: D2020008
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