Omega replaces departed MD

Omega Underwriting Agents Limited (OUAL), the Lloyd's division of Omega Insurance Holdings, has appointed David Reed as its managing director. He replaces Andrew Adie, whose resignation was announced yesterday.

Reed joins from insurance and reinsurance broker RK Harrison, where he is currently chief operating officer.

"We are pleased to welcome David to the Omega team and look forward to his contribution to the development of the business," said John Powell, chairman of OUAL, in a statement.