EY has named Martina Neary as its UK Insurance Leader, joining the UK Financial Services leadership team to lead across General Insurance, Life and Pensions and Specialty Insurance.
Neary commented: “The insurance sector is at a pivotal moment. Firms are facing a number of economic headwinds including sustained cost and inflationary pressures, increased competition for customer assets, and at the same time, are embracing a growing appetite – again driven by customers – for digital transformation across the industry.
“While it’s a challenging time, it’s one filled with opportunity, and I’m thrilled to be leading this team as it continues to support our clients.”
In addition to her new role, Neary will remain as the Financial Services Midlands Leader for all sectors and service lines and continue to focus on her portfolio of clients.
She takes over the role from Rodney Bonnard, who led the UK insurance business since 2015, overseeing double digit year-on-year growth during that period.
Bonnard will remain a core part of EY’s UK financial services leadership team and continue his role as UK Financial Services Markets Leader, EY noted.
Neary first joined EY in 2016 as a Partner in the CFO Advisory business. In 2020, she stepped into the role of EY’s UK Financial Services Midlands Leader, and in 2021 she also became EY’s UK Life and Pensions Insurance Leader. Before EY, she spent fifteen years with KPMG.
Anna Anthony, UK Financial Services Managing Partner at EY, said: “I am delighted to see Martina take on the role of UK Insurance Leader. Her progression into this role reflects the instrumental contribution she has made to EY’s UK Life and Pensions business, and valued leadership of the UK Financial Services business in the Midlands.
“Just as it did under Rodney’s leadership, I know EY’s insurance practice will continue to play a pivotal role in shaping the future of the sector and delivering excellence for our clients.”
