Davies group has announced the appointment of Michele Turmore as a new independent non-executive director (INED).
Turmore has held C-Suite roles in the banking and insurance sectors for businesses including Lloyds TSB, Harrods Bank Ltd and Allica Bank, as well as currently holding an INED position at Shawbrook Bank.
Joining two of Davies’ FCA regulated platforms, she will support the board with a focus on strategy, regulation and corporate governance. Her role will add further support to the platforms which provide insurance operations and consulting solutions for start-up, live and legacy intermediaries, in the UK.
Since its launch, Davies’ Intermediary Services business has successfully supported the launch and host of more than 50 MGAs and brokers.
The news comes after Davies announced the appointment of a group chief risk officer, James Heath, as part of its plans to strengthen its global leadership team.
Chris Butcher, CEO of Davies Intermediary Services, said: “Michele’s vast experience and expertise within the highly regulated sector will further strengthen our regulatory boards and ensure our clients interests are fully represented; I very much look forward to working with her as we continue to transform and disrupt the insurance market.”