– UK, Bromley – Direct Line Insurance Group plc (LSE:DLG) announces that it has today appointed Dr. Richard Ward to the Board as a Non-Executive Director and Senior Independent Director.
Richard is Chairman of Brit Limited, Executive Chairman of Cunningham Lindsey Group, and a Non-Executive Director and Chairman of the Remuneration Committee of Partnership Assurance Group plc. He is also a member of the Prudential Regulation Authority’s Practitioner Panel.
Richard was Chief Executive of Lloyd’s of London from 2006 to 2013. He was previously Chief Executive, later Vice Chairman, of ICE Futures. He has also been a Non-Executive Director of London Clearing House, a member of the PwC Advisory Board and a member of the Geneva Association.
Mike Biggs, Chairman of Direct Line Group, commented: “I am delighted to welcome Richard to the Direct Line Group Board as Senior Independent Director. The Board will benefit from his profound knowledge of the insurance industry and his experience as Chairman and Non-Executive Director of other firms in the sector. I would like to thank Andrew Palmer very much for acting as Senior Independent Director since May 2015.”
Richard Ward said: “I am excited to be joining the Direct Line Group Board, which has delivered excellent results for customers and investors since the IPO in 2012, and look forward to taking part in the next phase of Direct Line Group’s development.”
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