Reinsurance News

RSA combines CRS & GRS units into single commercial division

13th September 2019 - Author: Matt Sheehan

RSA UK and International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a single unit focused on commercial lines.

RSAAs part of the merger, CRS Managing Director Rob Gibbs has been appointed to the role of MD, RSA Commercial Lines with immediate effect.

Meanwhile, Tony Buckle, the Managing Director for GRS, is set to leave the company after a handover period.

Currently, RSA’s CRS unit focuses on UK domestic risks and delegated market authorities, while GRS handles multinational corporate clients, specialty business written via the London Market and RSA’s European branches.

The merged division, however, will oversee all commercial risks written through the broker market or delegated authorities, which RSA believes will simplify processes for customers and brokers, while reducing duplication.

“We’ve made a number of changes to our UK business over the past 12 months,” said Scott Egan, Chief Executive of RSA UK and International. “The creation of single commercial lines business reflects our intent to be a more customer focused, simpler organisation.”

“Rob is an experienced leader with a fantastic track record of delivery and a deep understanding of the commercial insurance market,” Egan continued. “I’m delighted he will be taking on this role.”

“Sincere thanks are due to Tony for the hard work he has put into both serving our customers and brokers and reshaping the GRS business since he joined us in 2018.”

Gibbs also commented: “RSA’s commercial insurance offer is well respected in the market for its customer focus and expertise. I am looking forward to building on those strong foundations to deliver even better customer and shareholder value.”

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