Specialist re/insurer Beazley has announced that Sally Lake is to be appointed as Group Finance Director, effective once Martin Bride steps down from the position in May 2019.
Lake has been Group Actuary at Beazley since 2014, with responsibility for the pricing and reserving practices of the group.
She joined the company in 2006 as Claims Actuary for Specialty Lines, before becoming Reserving Manager in 2012.
“I am delighted that Sally will be taking up the role and I look forward to working closely with her,” said Andrew Horton, Chief Executive Officer (CEO) at Beazley.
“Sally brings exceptional skills, energy and relevant experience to the role and it is pleasing that we have been able to promote from within the organisation,” he added.
Beazley also announced that a search is underway for a successor to Angela Crawford-Ingle, who is to step down from her role as Non-Executive Director and Chair of the Audit and Risk Committee following the completion of two three-year terms.
Crawford-Ingle will depart the Board at the conclusion of the 2018 accounting year and when the handover to her successor is complete, the company explained.
“Angela has been an excellent chair of the audit and risk committee and contributor to the board,” said David Roberts, Chairman of Beazley. “I, together with the rest of the board, would like to extend our sincere thanks to her for the technical expertise and experience, which have been invaluable.”
Additionally, Beazley revealed that Christine LaSala has been appointed to the Nomination and Remuneration Committees, effective 21 March 2019.
