Norwich Union today announces changes to its senior management team following the decision of Gary Withers, chief executive, Norwich Union Life, to leave the company.
Norwich Union today announces changes to its senior management team following the decision of Gary Withers, chief executive, Norwich Union Life (NUL), to leave the company.
Mark Hodges, currently managing director, Norwich Union Insurance, will become NUL’s chief executive and Simon Machell, currently managing director of RAC, will become chief executive of Norwich Union Insurance, while retaining overall responsibility for RAC.
These changes are effective from 3 April 2006, subject to regulatory approval.
In their new roles, Mark Hodges and Simon Machell will report to Patrick Snowball, executive chairman of Norwich Union and executive director of Aviva plc with responsibility for the group’s UK insurance businesses.
Commenting today, Patrick Snowball said: “Gary has made a significant contribution to the development of the company. I respect his decision to seek a new challenge and wish him every success in the future. The financial and operational expertise of Mark Hodges and Simon Machell will ensure that our businesses continue to deliver profitable growth.”
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Press office contacts:
James Evans Norwich Union Life 01904 452791 Out of hours 07800 699525
Hayley Stimpson Aviva plc 020 7662 7544 Out of hours 07800 699662
Notes to editors:
- Norwich Union is the UK's largest insurer. It is a leading provider of life, pensions and investment products and one of the largest financial adviser (FA) providers. FAs provide over 70% of the company's long-term savings business in the UK. Norwich Union is the UK's largest general insurer with a market share of around 14%, with a focus on insurance for individuals and small businesses.
- Aviva, Norwich Union’s parent company, announced its acquisition of the RAC in 2005. The acquisition brings together the RAC's powerful brand and customer base with the expertise and leading position in motor insurance of Norwich Union Insurance.
- The Aviva media centre at www.aviva.com/media includes images, company and product information and a news release archive.