Capita unveils commercial insurance MD

Capita Insurance Services has appointed Derek Henry as managing director of Capita’s commercial insurance business.

Henry will report to Capita’s insurance and investor services division director, Vic Gysin, who said: “This appointment will allow us to deliver long term and sustainable strategic successes in the London Market and wider commercial sector and underlines Capita’s commitment to the insurance industry.”

Henry was previously executive director responsible for sales and marketing and the company’s businesses in continental Europe and Australia. He joined Capita in 2006 from RAC.

He will sit on the board of both Capita Commercial Insurance Services and holding company Capita Insurance Services.

In his new role, he will have responsibility for Capita’s commercial insurance business covering the London and international insurance markets, managing and developing relationships with key institutions and market bodies, including Lloyds.

Henry said: “Capita’s commercial insurance business has a solid platform for growth and innovation.

"We have made recent, and very exciting, incursions into the turnkey market through Capita Managing Agency and our range of services for the insurance industry is now among the most comprehensive market, providing genuine end-to-end solutions."