Mortgage News
Nigel Payne leaves Assurant Intermediary
Specialist insurance and services provider Assurant Solutions has announced that Assurant Intermediary managing director Nigel Payne (pictured) has left the company following a restructure of the business.
Assurant Solutions said that the review would allow it to align its management structure across Europe.
Sales and marketing director Kevin Paterson and European chief executive officer Jeff Unterreiner will continue to develop products and services for the intermediary market.
Assurant’s operations at its York offices will continue to through the existing management structure, led by operations director Vicky Hodgson.
Mike Balsley, president and chief executive officer of Assurant Solutions Europe, said: “This decision enables us to align our management structure across Europe and we believe the common infrastructure now shared by our business units will further strengthen our position in all of our European marketplaces.”
He said that Assurant Intermediary had played a “significant part” in the company’s UK growth and would continue to have an “important role”.
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Balsley added: “The decision to include Assurant Intermediary in the restructure was deemed necessary to provide a broader pan-European support structure for the business, facilitating Assurant Group’s future growth plans.
“The Board of Assurant Group Limited would like to thank Nigel for the important contribution that he has made to Assurant Intermediary during his tenure, and wishes him every success in the future.”