Ageas UK, a provider of non-life and life products, has appointed new executives to support the growth of its retail operations reporting to retail managing director Andy Watson.
Watson will continue to be responsible for leading Ageas UK’s retail strategy through the overall expansion of Ageas’s retail businesses – Kwik Fit Financial Services, RIAS and Ageas Insurance Solutions.
These businesses will continue to focus on their core customer markets with separate management teams remaining in place to develop them.
In addition, Brendan Devine, previously managing director of Kwik Fit Financial Services, has been appointed as retail commercial director, a new position that has been created to maximize the combined scale, expertise and activities of the retail businesses.
Devine will be responsible for retail commercial development and for supporting and managing Ageas UK’s retail insurer, aggregator and affinity partner relationships. He has more than 20 years experience in financial services.
Ageas said that a team will be appointed to support Brendan in his new role.
June Lynch has been appointed as managing director, Kwik Fit Financial Services. She will be responsible for leading and developing the business which includes Kwik Fit Insurance, Express Insurance and The Green Insurance and the executive team will report into her.
Lynch has been finance director with the company for 11 years and has played a key role in its growth.
Jason Banwell will assume the role of managing director at Ageas Insurance Solutions, having previously been finance and operations director at its Stoke-on-Trent site for five years. Banwell has more than 20 years experience in the financial services sector. He will lead the management team at Ageas Insurance Solutions who will report into him.
The new managing director appointments are subject to FSA approval.
Janet Connor will remain as managing director of RIAS, Ageas UK’s retail over 50s insurance business. The RIAS executive team will continue to report into Connor.