The UK & International operations of multinational insurance group RSA has announced the launch of five industry practices within its Global Risk Solutions business.
The practices consist of rail, chemical, food and beverage, real estate and renewables. They cover areas where RSA already has experience and a broad risk appetite.
The practices are to be led by experts in each of their fields who, working alongside P&L leaders, will oversee proposition development and marketing, managing key customer and associated broker relationships, as well as the overall profitability and growth of the practice.
“RSA’s Global Risk Solutions is focused on industries where we see the opportunity for strong profitable growth, and today’s launch of focussed industry practices showcases the areas in which we feel confident we can grow, and continue to win business through our deep expertise in across underwriting, risk consulting and claims,” said Neil Strickland, Customer Experience Director, Global Risk Solutions.
Steve Medhurst will become Global Rail Industry Practice Leader, Peter Sweet will lead Real Estate, Colin McPhie will lead Renewables and Mike Smith will head up the Chemical practice.
Alan Midson has recently joined RSA as Food and Beverage Practice Leader from JLT where he was a Partner focusing on Food and Agriculture since 2013.
“We are already market leading in several of the practices launched today – including Rail and Renewables – and are targeting a leadership position in those practices where our proposition is still developing,” added Strickland
Of the five practices, Rail will be the focus of an initial engagement programme with brokers, customers and the wider industry, which will be followed by the other practices throughout 2019.
