The new hire ‘will play a pivotal role’ in helping the business achieve ‘profitable growth’
Leeds-based personal lines MGA UK General has hired David Boulcott as its new chief underwriting officer, effective from 1 January 2022 and subject to regulatory approval.
Boulcott is replacing David Brown, who is returning to the US after fulfilling the chief underwriting officer role on an interim basis in 2021.
Boulcott will report to UK General’s chief executive Tim Smyth, who described the new hire as “a seasoned and experienced underwriter”.
Smyth continued: “[Boulcott] will play a pivotal role in supporting our drive for profitable growth across UK General and, in particular, utilising our investment in business intelligence capability to enable us to achieve pricing sophistication, underwriting advantage and an enhanced customer journey.”
Pushing business growth
Boulcott joins the MGA from Best Doctors Insurance and SureStone Reinsurance, both backed by Primary Group, a Bermudan-based investment holding company.
During his career, he has also worked at RSA, Independent Insurance, Fusion Insurance and Towergate Underwriting Group.
UK General is also owned by Primary Group. Smyth said: “David has been involved with Primary Group for some time and is well known in the business among our external stakeholders and colleagues.
“He has already built a good understanding of our strategy and operations, which enables him to hit the ground running in January as we really push forward with our growth plans.”
Boulcott added that he is “excited by the opportunity to play a leading part in the next phase” of UK General’s growth strategy.
He continued: “The business is among a number of MGAs [that] are well positioned to seize the opportunities presented by the post-pandemic market, having removed underperforming business, developed its data and technology proposition, improved governance and strengthened capacity provision.
“Although 2022 will still face plenty of headwinds derived from the pandemic, I am confident UK General will be part of a thriving and successful MGA sector during the rest of this decade.”
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