Zurich’s former head of private clients Matthew Schofield is the latest addition to
UK General Insurance’s senior management team.
Schofield was with Zurich for two decades, serving as business manager (construction division) from 1998 to 2006; corporate construction manager from 2007 to 2010; and head of private clients from 2010 up to this year.
UK General’s new chief commercial officer began his career in sales with Eagle Star in 1988. An ACII, Schofield also works for the Princes Trust as a coach and mentor while completing his FCII.
Reporting to UK General chief executive Karen Beales starting today (June 19), Schofield said he was thrilled to be offered the opportunity to work alongside her.
“Despite challenging market conditions I am convinced that, with the support of our new owner J C Flowers, UK General will be one of the winners during the next five years, and I want to be a part of its success,” he said.
Meanwhile, Beales commented, “We are delighted to secure someone of Matthew’s calibre and experience for this important new role. His last role saw him running the P&L for multi-million pound business divisions at Zurich – in both HNW and construction – and his profile is exactly what we are looking for as we build our virtual insurer model at UK General.”
She said the priority is to complete UK General’s senior team and consolidate its virtual insurer model, explaining that the firm now has all the components in place to transition from hybrid MGA.
UK General has also recently named its new chief risk officer (Jane Bean) and chairman (John Spencer), following its acquisition by J C Flowers.
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