Informa Insurance News 24
ADRIAN FURNESS NAMED CEO OF COVéA INSURANCE
Covéa Insurance has appointed Adrian Furness as chief executive officer. He succeeds James Reader, who is leaving the business and has “no plans to take on another executive role,” the UK insurer said. Covéa Insurance is the UK subsidiary of French mutual property/casualty insurer Covéa. Furness has held the role of chief operating officer at Covéa Insurance since December 2019, having previously been claims director of the company. Covéa Insurance’s chairman Dominique Salvy said: “While the board of directors and our shareholder regret James’ personal decision to leave, we respect his choice. We are grateful for his leadership of the company throughout his tenure, which has delivered a solid strategic positioning for the business and has helped navigate the unprecedented challenges brought about by the pandemic.”