Covéa Insurance has revealed the appointment of Adrian Furness as its newest CEO succeeding James Reader, who is leaving the business and has no plans to take on another executive role.
Furness has held the role of chief operating officer at the firm since December 2019, having previously been claims director of the company and its predecessor Provident Insurance since 2008.
He said: “Taking over from James is an absolute honour. I’ve been with Covéa for many years and it’s a company I love and believe in.
“We have an agreed and progressive strategy in place with great people and it is my intention to continue to drive this forward, together with the rest of the team within Covéa.”
Dominique Salvy, chairman, Covéa Insurance, added: “We are grateful for his leadership of the company throughout his tenure, which has delivered a solid strategic positioning for the business and has helped navigate the unprecedented challenges brought about by the pandemic.
“Going forward, no one is better positioned than Adrian to continue to guide the company and build on its strengths. The board wishes him every success.”