Brit Insurance appoints Tim Grant to develop SME and Personal Lines business

Brit Insurance Holdings PLC ("Brit Insurance"), the UK-based international general insurer and reinsurer, confirms the appointment of Tim Grant as Distribution Leader, Small Business and Personal Lines.
September 27, 2007

Tim will spearhead the future growth of Brit UK's small business and personal lines account. He will report to Simon Cooter, Distribution Director, Brit UK.

Tim joins from AIG, where he was Profit Centre Manager for AIG Combined, and is the latest in a number of senior appointments for Brit Insurance in the UK. In his new role, Tim will lead the small business and personal lines distribution strategy, which includes further defining and implementing Brit Insurance's electronic trading capability. He will also assess other opportunities that allow the effective delivery of Brit's products to its broker partners.

Commenting on his new role, Tim Grant said:

"I am excited to join a company that truly embraces the opportunities electronic trading provides, yet retains both service and the broker as the key components of its proposition."

Tim's remit will also include the further enhancement of Britbord, an exclusive binder facility that allows brokers to quote, bind and produce documentation online. Britbord has recently received an expanded product offering, now including Office and Retailer policies, and providing access to a risk assessment tool that supports underwriting.

Simon Cooter, Distribution Director for Brit UK, commented:

"Tim's appointment underlines our commitment to the small business segment, and I am confident he will deliver market-leading solutions for our broker partners. Brit Insurance's commitment to developing our small business proposition is further reinforced by the recent enhancements of Britbord. Our brokers tell us the facility is a key competitive tool for them in their local markets; Tim will be taking this forward to ensure it remains at the forefront of innovation."

ENDS

Enquiries
Carne Curgenven, Brit Insurance Holdings PLC
020 7984 8500

Peter Rigby/Juliet Tilley, Haggie Financial
020 7417 8989

Notes to Editors

Britbord, a web-based system with user-friendly interface, is designed to support the whole underwriting cycle and is exclusively provided to a select group of Brit Insurance's broker partners. Brokers are empowered with total ownership over underwriting and service for their clients. Brokers have the facility to quote, bind, and produce documentation for their risks, enabling full control over their client relationships. Brit Insurance has a dedicated service team, based in Darlington, that support the Britbord brokers and handles technical referrals.

Brit Insurance's operations comprise, principally, three customer-facing business units: UK, Global Markets and Reinsurance. All three have access to the two regulatory vehicles through which Brit Insurance underwrites: UK insurance company, Brit Insurance Limited and Lloyd's syndicate 2987 which is managed by Brit Syndicates Limited. Brit Insurance has UK underwriting offices in London, Reading, Birmingham, Bristol, Glasgow, Leeds, Darlington, Ilford and Manchester.
www.britinsurance.com

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Brit Insurance appoints Tim Grant to develop SME and Personal Lines business

Brit Insurance Holdings PLC ("Brit Insurance"), the UK-based international general insurer and reinsurer, confirms the appointment of Tim Grant as Distribution Leader, Small Business and Personal Lines.September 27, 2007

Brit Insurance Holdings PLC ("Brit Insurance"), the UK-based international general insurer and reinsurer, confirms the appointment of Tim Grant as Distribution Leader, Small Business and Personal Lines.
September 27, 2007