Bernard Barrère’s directorships of MMA Holdings UK, MMA Insurance and Provident end
MMA Holdings UK joint chief executive Bernard Barrère is no longer a director of the holding company or two of its insurance businesses.
Barrère’s directorships of MMA Insurance and MMA Holdings UK have been terminated, according to Companies House filings. The FSA Register also reveals that he is no longer a director of MMA Insurance’s sister company Provident.
When contacted by Insurance Times, parent company Covea was unable to give any more detail about the position of Barrère.
MMA Holdings UK is the holding company of MMA Insurance and Provident.
Covea plans to merge MMA Insurance and Provident. Provident’s chief executive James Reader has been picked to lead the newly-combined entity, which will be rebranded as Covea Insurance later this year.
Reader’s appointment has cast question marks over the future of MMA Insurance chief executive Garry Fearn. Covea has said that Fearn will remain in the current role until the merger is complete but not revealed any more detail about where he will figure in the new arrangement.
Covea is shaking-up its UK businesses, having sacked the entire Swinton board over remuneration at the end of last year.
Barrère was named chief executive of MMA Holdings UK in November last year. The FSA register says Barrère’s non-executive directorship of MMA Insurance began on 16 December 2011 and ended on 8 February 2012, and his directorship of Provident ran from 3 January to 8 February 2012.
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