Former AIRMIC chairman and executive director, Alan Fleming, is to be the next director of insurance for Guernsey. He takes over from Steve Butterworth, the current director, from 1 November 2003.
Alan is currently managing director, strategic account management, at Aon, where he is responsible for the development and servicing of a number of major accounts and the development of railway business and railway risk management in Europe.
Peter Neville, director general of the Guernsey Financial Services Commission (GFSC) said: "We are very fortunate to have recruited someone of Alan Fleming's experience. Steve Butterworth has contributed enormously to the reputation and development of the insurance sector in Guernsey. It was essential that his successor was of the right standing, and Alan fits the bill very well."
Alan has an impressive record in risk management. Before joining Aon, he was head of insurance and risk management for Railtrack, helping the rail network operator recover from horrendous loss experience in 1999/2000.
A member of the Institute of Risk Management (IRM), he began his career as a management trainee with Royal Insurance Group and then moved to Imperial Chemicals Insurance (ICI) where he advanced through the organisation until 1992, when he was seconded to AIRMIC as executive director. At the end of that assignment, he moved to the senior risk management position with Guinness and then the combined group, Diageo, following the merger with Grand Met.
During Alan's time as executive director, the role that AIRMIC played in dealing with the withdrawal of commercial terrorism insurance and the subsequent creation of Pool Re helped establish AIRMIC's authority in a wide sphere. It involved extensive discussions with the Department of Trade and Industry (DTI), the All Party Committee, the Association of British Insurers (ABI) and other bodies
Alan comments: "It was AIRMIC that flagged this as an issue, and it was a very consuming topic for many months."
It was also during his time as executive director that AIRMIC voted to accept corporate members.