’I believe this appointment demonstrates how important commercial lines is to our general insurance strategy,’ says chief executive
Aviva has announced Karen Dayal as its new chief underwriting officer (CUO) for commercial lines.
In her new role, Dayal will develop and set Aviva’s underwriting appetite across commercial lines.
She will also ensure there is alignment and enhanced governance across the global, corporate and speciality (GCS) and SME businesses.
Dayal will begin the role with immediate effect and report into UK and Ireland general insurance chief executive Jason Storah.
“I’d like to congratulate Karen on her new role,” Storah said.
“She will be an exceptional addition to the GI ExCo and play an important role in accelerating us towards our ambitions.”
Strategy
Her appointment comes after Aviva announced new underwriting roles in July 2023 to drive its GCS growth ambition.
Read: Aviva’s Poole to reunite with Winslow at DLG as CFO
Read: Aviva completes acquisition of AIG’s UK protection business
Explore more people moves content here or discover other news stories here
The insurer felt that appointing Dayal “signals to the market that commercial lines is a key growth area”.
She has moved into the role after spending four years at the insurer, most recently as director of exposure management, pricing and insight for commercial lines.
“I believe this appointment demonstrates how important commercial lines is to our general insurance strategy in the UK and I look forward to the team continuing their great work,” Storah said.
Mark Dunham, who covered the chief underwriting officer commercial lines role on an interim basis, will resume his role as head of commercial lines underwriting.
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
He took up the position of deputy news editor at Insurance Times in March 2023, before being promoted to his current role in May 2024.View full Profile
No comments yet