Directorate Change

RNS Number : 6873U

Helios Underwriting Plc

11 April 2016

 

11 April 2016

Helios Underwriting plc

("HUW" or the "Company")

Appointment of Finance Director

HUW is pleased to announce the appointment of Arthur Manners as Finance Director of the Company with immediate effect.  Mr Manners has over 20 years' experience in the insurance industry and has, since June 2015, been acting as a consultant to the Company.  The role at HUW will be part-time and he is also Finance Director and Compliance Officer for insurance consultancy Total Risk Solutions (London) Limited, Non-executive Director of Gemini Insurance Brokers (Hong Kong) Limited and Chairman of the Trustees of Beazley Furlonge Pension Scheme.  Prior to holding these positions, Mr. Manners was on the senior management team (including acting as Finance Director and Group Company Secretary) at London Stock Exchange listed insurer Beazley Group plc.  Mr. Manners is a Chartered Accountant.

Commenting, Sir Michael Oliver, Non-executive Chairman of HUW, said:

"We are delighted to welcome Arthur to the HUW Board; he has been working with us since June last year and, with his extensive financial and insurance experience, he has been making a valuable contribution to the Company as our business continues to grow."

For further information please contact:

HUW	Nigel Hanbury	[e-mail]
Smith & Williamson Corporate Finance	David Jones	020 7131 4000
Stockdale Securities	Robert Finlay	020 7601 6100

Additional information

In addition to his appointment as a director of the Company, Arthur Roger Manners (aged 56) holds, or has held within the last five years, the following directorships and partnerships:

Current directorships/partnerships	Past directorships/partnerships within the last five years
Wardens Lodge Limited	None
Total Risk Solutions (London) Limited
35 Whittingstall Road Management Ltd
Rambert Estates Limited
Gemini Insurance Brokers (Hong Kong) Limited     (Registered in Hong Kong)

About HUW

HUW provides a limited liability direct investment into the Lloyd's insurance market and is quoted on the London Stock Exchange's AIM market (ticker: HUW).  HUW's subsidiary underwriting vehicles trade within the Lloyd's insurance market as corporate members of Lloyd's writing £29 million of capacity for the 2016 account.  The portfolio provides a good spread of classes of business being concentrated in property insurance and reinsurance.  For further information please visit www.huwplc.com.

 

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