Life insurance broker Reassured has announced the appointment of Philip Byrne (pictured) as chief risk and compliance officer. Byrne was described as having extensive experience in risk and compliance within the financial services sector. In his new role, he will report to CEO Mark Townsend and join the company’s senior leadership team.
Byrne previously served as head of compliance at Markerstudy Group and as director of risk and compliance at BGL Insurance. According to a news release, Byrne will focus on strengthening the firm’s governance framework and risk management strategies. He will also play a pivotal role in ensuring the company delivers positive customer outcomes as it continues investing in technology to enhance its products and digital capabilities across multiple channels.
Mark Townsend, CEO of Reassured, welcomed Byrne to the team, saying, “We are delighted to have Philip join the Reassured senior leadership team. His experience in the financial services market will be crucial to helping ensure our product offering, conduct, and risk management will be consistent with our strategy. Philip’s ability to align clarity of purpose to our strategic goals will be key in Reassured’s next stages of development.”
Byrne expressed enthusiasm about his new position, stating: “I’m looking forward to joining Reassured at this stage in the company’s growth. Working with Reassured’s capable teams to continuously develop and strengthen its risk and compliance infrastructure will be key to the company’s drive for efficiency, all while maintaining the highest standards of operational integrity and safeguarding customers’ interests.”
Regulated by the Financial Conduct Authority (FCA), Reassured is a life insurance broker specialising in helping individuals secure suitable insurance policies. With over 15 years of experience, the company has supported more than 1.5 million families across the UK.
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