Ageas Protect makes major underwriting hire

Published on

John-Downes

John Downes is to join Ageas Protect in October.

Downes (pictured) will be responsible for managing and expanding Ageas Protect’s underwriting and claims strategy across all of its products in both the intermediary market and in its partnerships.

He has over 25 years’ experience in the global life insurance underwriting market, most recently at Scottish Widows where he was head of underwriting strategy and at XL Re Life as head of underwriting and claims.

Darren Spriggs, managing director of Ageas Protect, said: “Underwriting and claims is at the heart of any life insurance business, which is why I’m pleased to have John onboard.

“He understands this market inside out, and has valuable insights into the philosophy and focus Ageas Protect should maintain to continue to look after our customers and innovate within the life insurance sector.”

Downes added: “I am really looking forward to joining Ageas Protect later this year. They have a strong reputation for dynamism and innovation in the market and I’m keen to be part of this up and coming business.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Newcastle for Intermediaries removes age cap on standard repayment mortgages

Newcastle for Intermediaries has abolished the maximum age limit for the repayment of standard...

Rising cost of living could stall housing market activity

The rising cost of living remains the most pressing concern for Britons and could...

The Mortgage Works cuts switcher rates for existing landlords

The Mortgage Works has announced reductions of up to 0.25 percentage points on selected...

Homeowners stay put as remortgaging nears parity with home purchases

Britain’s homeowners are increasingly choosing to refinance rather than move, with remortgage activity now...

Co-operative Bank in sub-4% mortgage arena following rate cuts 

The Co-operative Bank for Intermediaries has reduced selected residential and buy-to-let mortgage rates, bringing...

Latest publication

Latest opinions

Right of Light risks: a looming shadow over construction projects

Gone are the days when a Right of Light infringement could be swiftly dealt...

Could a move to ‘enhanced advice’ also mean mandatory protection conversations?

The FCA’s recent Mortgage Market Discussion Paper (DP25/2) has got the industry talking about...

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

Other news

Newcastle for Intermediaries removes age cap on standard repayment mortgages

Newcastle for Intermediaries has abolished the maximum age limit for the repayment of standard...

Rising cost of living could stall housing market activity

The rising cost of living remains the most pressing concern for Britons and could...

The Mortgage Works cuts switcher rates for existing landlords

The Mortgage Works has announced reductions of up to 0.25 percentage points on selected...