RSA UK and International has merged its Global Risk Solutions (GRS) and Commercial Risk Solutions (CRS) businesses to create a single commercial unit.
CRS and GRS were originally created in 2016 as part of business restricting initiatives.
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GRS handled corporate clients globally and specialty business written through RSA’s European branches and the London Market, while CRS handled the UK domestic risk business and the delegated market authorities.
The company has picked CRS managing director Rob Gibbs to head RSA Commercial Lines as managing director.
After a handover period, GRS managing director Tony Buckle will leave the company.
RSA UK and International CEO Scott Egan said: “We’ve made a number of changes to our UK business over the past 12 months. The creation of single commercial lines business reflects our intent to be a more customer focused, simpler organisation.
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By GlobalData“Rob is an experienced leader with a fantastic track record of delivery and a deep understanding of the commercial insurance market. I’m delighted he will be taking on this role. Sincere thanks are due to Tony for the hard work he has put into both serving our customers and brokers and reshaping the GRS business since he joined us in 2018.”
In May this year, RSA established five new industry departments within its Global Risk Solutions business to boost profitability of its commercial insurance business.
The practices include rail, chemical, food and beverage, real estate and renewables and cover areas where RSA already has proven expertise.
In February this year, RSA appointed Scott Egan as the new CEO of UK and International division. He succeeded Steve Lewis, who joined RSA in January 2015.
